Streaming issues? Report here
CapeTalk logo 2017 1500 x 1500 CapeTalk logo 2017 1500 x 1500
Best of CapeTalk
22:00 - 00:00
volume_up
volume_mute

Up Next: Early Breakfast with Africa Melane
See full line-up
Best of CapeTalk
22:00 - 00:00
Home
arrow_forward
Local

Invest in solar cells for CT school, with promise of good returns

14 November 2019 6:00 PM
Tags:
Groote Schuur High School
Sun Exchange
solar panel project
Paige du Plessis

Groote Schuur High School's Paige du Plessis explains how the solar power partner project with Sun Exchange actually works.

Cape Town's Groote Schuur High School has partnered with the company Sun Exchange to ultimately power the school at least partially with solar energy.

The aim is to reduce their electricity bill and also their carbon footprint through solar panels funded by the public, who'll receive a return on their investment.

Marketing and PR Manager Paige du Plessis explains that individual solar cells are up for sale.

Anybody can purchase remotely located solar cells and then earn money from the power that is generated from the panels upon our school roof.

Paige du Plessis, Marketing and PR Manager - Groote Schuur High School

There are 14,464 cells available for purchase at a price of R82 each on a 20-year lease.

The school promises an "intended rate of return" of 11.28% a year.

But can this venture guarantee a return of over 11%, asks John?

The guarantee comes from the fact that we live in one of the sunniest places in the world... Solar power is never going to run out.

Paige du Plessis, Marketing and PR Manager - Groote Schuur High School

Everything is run through the Sun Exchange. They go forward with a marketing campaign to assist us in placing of the solar panels and then help run the funds.

Paige du Plessis, Marketing and PR Manager - Groote Schuur High School

She says after going live last week, the school has sold 25% of the cells.

The minute we have 100% sales they will start planning to put the solar panels up on our roof.

Paige du Plessis, Marketing and PR Manager - Groote Schuur High School

Find out more about the project here.

To hear the complete conversation, click on the link below:


14 November 2019 6:00 PM
Tags:
Groote Schuur High School
Sun Exchange
solar panel project
Paige du Plessis

More from Local

Camps Bay beach Cape Town 123rflocal 123rf

Didn't feel any tremors in Cape Town? Here's why

27 September 2020 12:07 PM

Dr David Khoza, Executive manager of Applied Geosciences at the Council for Geosciences explains the effects of earthquakes.

Share this:
Read More arrow_forward

cape-town-waterfrontjpg

CT may expect some aftershocks from 6.2 earthquake

27 September 2020 9:35 AM

Many people in Cape Town have already felt the aftershock of the tremors and have reported it on social media.

Share this:
Read More arrow_forward

Ecstasy mandy mdma 123rf 123rflifestyle

Decriminalise the use of recreational drugs – Department of Social Development

25 September 2020 3:37 PM

"It’s time to stop arresting drug users," Deputy Minister of Social Development Hendrietta Bogopane-Zulu told the UN this week.

Share this:
Read More arrow_forward

kinnearjpg

Zane Kilian charged with murder of Charl Kinnear

25 September 2020 12:49 PM

"The court was filled with armed police officers," says Shamiela Fisher. "Kilian wore a hooded top that he never removed once."

Share this:
Read More arrow_forward

Coronavirus Covid-19 South African flag 123rf

SA drops to 10th place as Covid-19 infections surge in Spain and Argentina

25 September 2020 12:10 PM

At its peak, South Africa ranked 5th in the world. The country ranks 13th by the total number of deaths.

Share this:
Read More arrow_forward

Deputy Chief Justice Raymond Zondo at the state capture inquiry

'It’s sad and awful! Judge Raymond Zondo sounds resigned and defeated'

25 September 2020 9:17 AM

"Zondo’s comments at the end of the hearing; it was just so bleak! A sombre, grim end to a day," says journalist Erin Bates.

Share this:
Read More arrow_forward

national_lottery.jpg

Diverted Lotto millions: 'Can we please get to holding people to account!'

24 September 2020 6:58 PM

Outa's Stefanie Fick urges the speedy investigation of allegations against the suspended COO of the National Lotteries Commission.

Share this:
Read More arrow_forward

villa mansion pool dusk 123rf 123rfbusiness 123rflifestyle

Joburg City Power cuts wealthy Dainfern households for electricity theft

24 September 2020 12:49 PM

"There was resistance," says City Power's Isaac Mangena. "Security told us, 'Why are you here? Politicians stay in this area!'"

Share this:
Read More arrow_forward

car-agreementjpg

Wheels come off for YapYap clients (recall the 'new car for R699 a month' guy?)

23 September 2020 8:00 PM

The originator of the scheme is the man behind the 'Drive a new car for R699 a month' fiasco years back, warns Wendy Knowler.

Share this:
Read More arrow_forward

Silvermine reservoir

Here's some good news...Silvermine reopens ahead of Heritage Day weekend

23 September 2020 5:50 PM

The popular site reopens from today (Wednesday) but is operating a strict no mask, no entry policy according to SANParks.

Share this:
Read More arrow_forward