Nioro Plastics | 473 kW | Blackheath Change

100% sold - Generating Power

Nioro Plastics manufacture bottles with post-consumer recycled plastic (rPET), and through Sun Exchange they are taking their operation solar powered. South Africa is number two in the world for recycling PET, and it's so sunny that solar power can make the industry truly sustainable. Every solar cell you purchase in this project will be leased to Nioro for 20 years, powering the production of plastic bottles that you might use every day!

100560 Total cells sold

100% Sold

Sold Out

Number of buyers

347

Crowdsale end date

24 Jul 2018

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Key Facts

Cost per cell (ZAR)
57.00
Forecast first year production / cell (kWh)
7.00
Year 1 lease rate (ZAR / kWh)
0.85
Lease term (Years)
20
Estimated 20 year rental income per cell (ZAR)
190.00
Estimated IRR (%)
12.12

Energy Squared
Nioro Plastics