The Sun Exchange (Pty) Ltd. Overview
Company Headquarter: Cape Town, South Africa
Founded: 2015
Workforce: 10
Company Working: The Sun Exchange is a blockchain based solar energy project financer operating in Africa. The Sun Exchange has unique operations compared to any other retailer using blockchain technology as the company visions blockchain to accelerate global transition to solar industry. Through its unique blockchain based online platform, it is possible for consumers anywhere around the world to purchase solar PV cells and lease them to businesses, hospitals, schools and other organizations in Africa. The owners of these panels receive lease rental payments through fiat currencies of their choice or cryptocurrency while the projects continue to operate to provide clean energy. The Sun Exchange business model democratizes solar energy finance and the blockchain platform used for these projects autonomously distributes solar energy in real-time. The company argues that this unique model has helped close the funding gap for commercial-scale solar projects in Africa. Moreover, investors in clean energy in Africa, now, can have 20 years or more secure and immutable solar income stream
