The Green Energy Africa Summit (GEAS) will give start-up companies an opportunity to connect with industry leaders and government officials through its Energy Investment Village, which features a selection of the most compelling local clean-tech projects. The companies will have the chance to pitch to energy leaders holding potential investments worth more than $100 billion.
The Energy Investment Village is a partnership with the Saldanha Bay Innovation Campus (SBIC), an initiative of Freeport Saldanha, and the advisory firm the Research Institute for Innovation and Sustainability (RIIS). One of the companies chosen for this incredible opportunity this year is a solar technology company, SlideLuvre. The woman-led company has innovated solar panels for commercial and residential spaces. With the current energy and environmental crisis, solar energy is one of the largest sought-after commodities in the market.
“SlideLuvre brings forth solutions to unique problems in the solar industry. Standard industry panels are too expansive to fit on smaller commercial buildings or residences. While solar panels have been efficient for those who can host the space, SlideLuvre’s panels may serve as a solution to smaller spaces across South Africa. Beyond commercial buildings, the solution is also suitable for industrial buildings, public buildings, and residential and agricultural markets. It could be installed horizontally or vertically, in front of windows, against building façades, or as fencing/partitioning,” the company said.
“Another industry problem identified by the company is energy consumption. According to Mordor Intelligence, the South African distributed solar energy market is expected to grow at a CAGR of around 4.5% by 2026. While the transition of traditional energy sources to solar is a positive move for clean technology, SlideLuvre believes consumers can still use green energy without reducing consumption. The CEO is excited to share how their technology reduces energy consumption by as much as 50%. CEO Marlene Badenhorst states, “The climate crisis combined with the current energy crisis has brought cleantech solutions very much into the spotlight. It is therefore very exciting to have an event of this format in South Africa where we can meet face-to-face with prospective investors.”