Kal Tire | 45 kW | Middelburg, South Africa
100% sold - Generating Power
Kal Tire wanted to solar power their tyre recycling factory. They are now renting over 10000 solar cells purchase from members of the Sun Exchange after all the solar cells were sold in less then 60 days.
These members are now earning a rental income for the next 20 years, all from solar powering a vital part of South African industry.
10320 Total cells sold
100% Sold
Sold Out
Number of buyers
107
Crowdsale end date
18 Feb 2017
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Key Facts
Cost per cell (ZAR)
105.00
Forecast first year production / cell (kWh)
7.000
Year 1 lease rate (ZAR / kWh)
2.05
Lease term (Years)
20
Estimated 20 year rental income per cell (ZAR)
285.00
Estimated IRR (%)
10.00