Dummy: We are thrilled to share the incredible impact our community has made in the realm of elderly care through solar panel initiatives. Together, we have accomplished remarkable milestones that exemplify the power of collective action and inspire us all.
Among the nearly 70 completed solar projects, 11 have been dedicated to retirement homes. Our latest crowdsale for Jakaranda Park Retirement Village is nearing full funding, solidifying its position as one of our most popular projects after schools. The statistics below specifically related to retirement homes highlight the significant progress we have made:
- Number of retirement facilities solar-powered: 11, spanning 4 South African provinces.
- Total installed solar power: 1.46 MW, equivalent to over 400,000 solar cells, capable of covering an entire soccer pitch.
- Total solar energy generated to date: 2,880,753 kWh, surpassing the initial forecast of 2,807,908 kWh by an impressive 9.5%.
- Average forecast internal rate of return (IRR) for retirement homes: 11.68%. Adjusted IRR, considering the excess energy generation, stands at 12.80%.
- Approximately 2,400 elderly residents are benefiting from lower-cost energy.
- The savings accumulated by retirement homes amount to over three-quarters of a million Rand, which could support the employment of 5 full-time healthcare assistants for a year.
La Recolte Retirement Vilage Solar Plant
Since our journey began in 2015, our primary goal has been to accelerate the clean energy transition, starting with those who need it the most: educators, caregivers, farmers, and community servants. The data showcased above demonstrates our unwavering commitment to this mission, with the invaluable support of our community, which now spans 180 countries worldwide.
If you are inspired to join us in empowering more retirement homes through solar power, we invite you to explore our latest crowdsale for Jakaranda Park Retirement Village in Pretoria. As of now, more than 400 Sun Exchange members have already purchased 67% of the solar cells.
Together, let us embark on this transformative journey and lead the way towards a successful energy transition.
