Sustainable Power Solutions (SPS)

🌟 SAPVIA Moment of the Week 🌟 We are proud to congratulate Sustainable Power Solutions (SPS), an active South African Photovoltaic Industry Association (SAPVIA) member, on the successful commissioning of their 1 MW solar plant at the Darling Green Country Estate in the Swartland Municipality! This significant milestone not only provides clean, renewable energy but also helps safeguard residents from the challenges of load shedding. As dedicated participants in SAPVIA's Distributed Generation Working Group, SPS is leading the charge in delivering sustainable energy solutions that benefit our communities. Together, we are paving the way for a greener future! 👏 Congratulations to SPS for this outstanding achievement! Read more about the project here: https://lnkd.in/dQ4Whf6m #SAPVIAMomentOfTheWeek #DistributedGeneration #SPS #RenewableEnergy #SolarPower #EnergySolutions #JustTransition #GreenerFuture #LoadSheddingSolutions

New GX Capital Holdings (PTY) Ltd and RMB Ventures have launched the Airnergize Capital Fund I with an initial $120 million investment to boost clean technology in South Africa. The fund aims to reach $200 million and will focus on renewable energy, gas, and water infrastructure. Its first investment is in Sustainable Power Solutions (SPS) Africa, a New GX portfolio company specializing in solar and battery systems. Learn more: https://lnkd.in/gbbbabnU Wouter Viljoen Tessa Turvey Ntokozo Mtshali, FMVA® Christopher Flavin Kevin John Davies Beauron Damons Mike Searle Francois Van Themaat Kai Nietner Siphumelele Mqadi Charles Neethling Daniel Van Gool Andries Duvenhage Garth Cloete Esihle Vellem Hanno Mostert Marié Jones Marié Jones #empowerafrica #africa #investinafrica

New GX Capital and RMB - Rand Merchant Bank Ventures launch R2.4bn clean tech fund 🇿🇦 💸 New GX Capital and RMB Ventures have launched the Airnergize Capital Fund I with a R2.4 billion ($120 million) commitment to accelerate clean technology solutions in renewable energy, gas, and water infrastructure across South Africa. 📈 The fund is targeting a final close of R4 billion ($200 million) by attracting additional investors in the coming months. 🔍 Airnergize Capital will be managed by New GX, with a focus on thematic investments across renewable energy, gas, and water. It will support both capital-heavy and asset-light business models, backing seasoned teams in well-established businesses. ⚡ With its first investment already underway, the fund incorporates Sustainable Power Solutions (SPS), a New GX portfolio company that develops and operates solar PV and battery projects across the commercial and industrial space. It also provides EPC and O&M services. 🌍 “Our journey into the utility industry started six years ago, and we are committed to investing in solutions that will drive sustainable change across Africa,” said Khudusela Pitje, founder and CEO of New GX Capital. “Access to clean energy, water, and gas is fundamental to economic growth and social upliftment, and through Airnergize Capital Fund I, we are taking a significant step toward building a more sustainable future.” Congratulations to Khudusela Pitje, Paul Mansour, Eutychus Mbuthia! https://lnkd.in/gCyY-78B #CleanTech #RenewableEnergy #WaterInfrastructure #GasToPower #SouthAfricaEnergy #PrivateEquity #Sustainability #GreenInvestment #EnergyTransition #BEE #SolarEnergy #BatteryStorage #ImpactInvesting

Thanks to RMB Ventures and New GX teams for this humbling milestone. The journey into utilities started 6 years with an investment into Fungi Utilities that together was transformed to digital utilities business. We followed this with investment in little known Mettle Solar that was rebranded to Sustainable Power Solutions (SPS) . We strive for a sustainable tomorrow .

A very big congratulations to New GX Capital, RMB - Rand Merchant Bank and Khudusela Pitje on achieving the first close of the Airnergize Capital Fund I, and raising R2.4 billion ($120 million). Airnergize Capital will invest in scalable, high-impact solutions across renewable energy, gas, and water infrastructure in South Africa. Managed by New GX, the fund aligns with global sustainability goals and is committed to fostering a low-carbon economy and inclusive growth. It targets both capital-heavy and asset-light business models, backing experienced teams in companies with a solid track record. Sustainable Power Solutions (SPS) is proud to be the fist investment in this new innovative fund!

💰Balancing the Books & Powering a Greener Future: Meet Our CFO, Riaan van Zyl🌍 Riaan’s global experience includes a stint 170km north of the Arctic Circle at a zinc and lead mine in Alaska, where temperatures dipped to a bone-chilling -35°C. When he’s not diving into financial models, his most competitive moments are on the golf course, cricket pitch, or tennis court - usually chasing after his 3 boys. His decision to join the renewable energy space is deeply personal: he’s driven by the desire to help build a better, more sustainable future for the next generation. A few insights from his leadership journey: 🌱Leadership style:  “I lead by example. I’m passionate about developing my team and providing them with opportunities to grow.” 💡 Top career advice:   "One of my managers used to say, 'Projects don’t go wrong - they start wrong,' referring to how poor upfront planning creates issues later on. I also remind myself: “Fortune favours the brave.'” 🚀 Why renewable energy?  "Having 3 boys at home provides a great deal of inspiration to help create a better future for them. We’ve all seen the studies on the impact fossil fuels have on climate change, and how renewable energy can help counteract that. If I can contribute in some small way to make the future a better place for my kids, I’ll grab the opportunity with both hands." 🔑 On sustainability:  "It's about ensuring that economic development doesn't come at the cost of our natural environment. It’s about finding ways to protect and preserve resources for future generations." 🙌 The SPS Experience:  "I joined SPS about 2 months ago, but it already feels like I’ve been part of the family for years. There is a shared focus on achieving our goals and working together. I’ve been blown away by how everyone has welcomed me - sharing their knowledge and experience with me." Wisdom for aspiring leaders: "As with anything in life, be deliberate in your actions and choices. Work hard at developing your skills so you can meaningfully contribute. We’re still in the early stages of unlocking the full potential of green energy and I believe there are significant technological advances that can still be made. It’s an exciting space not just because of the rapid growth, but because of the real impact it can have on sustainability." Learn more about SPS ➡️ www.sps.africa #CFOinsights #strategicleadership #impactleadership #renewableenergy

First-of-its-kind solar project to power Darling Green Country Estate and Swartland Municipality with clean energy Sustainable Power Solutions (SPS), in partnership with Darling Green Country Estate and TouchPoint Energy, has successfully commissioned a 1MW solar plant in the town of Darling, within the Swartland Municipality. This pioneering project marks a significant step forward in South Africa’s renewable energy landscape, with far-reaching benefits for both the local community and the national grid. Read More: https://lnkd.in/dz_H9yiS Sustainable Power Solutions (SPS) Francois Van Themaat #SolarProject #Municipality #SustainablePowerSolutions #SPS #1MWSolarPlant #RenewableEnergy #EngineeringAndMiningAfrica #EMA

V&A Waterfront Helipad Takes Off with Solar Energy 🚁☀️ Imagine this: You’re about to take off on a scenic helicopter tour over Cape Town’s breathtaking coastline. The rotors spin, the engine hums, but what you don’t see is how solar energy is working behind the scenes to make it all more sustainable. At the V&A Waterfront Helipad, we installed a 182 kWp solar PV-diesel hybrid system to reduce increasing electricity and operating costs. The Helipad forms part of the East Pier Precinct, where we have also installed two additional solar PV plants - one at V&A’s Desalination Plant and another at the Department of Environmental Affairs. These energy solutions support more sustainable operations for one of Cape Town’s most iconic aviation hubs☀️ Watch this space as the journey to a greener V&A continues! Explore more SPS projects ➡️ www.sps.africa #solarpower #greenenergy #renewableenergy #energyefficiency

Global abalone farming leader, Aqunion reduces energy costs while producing 560 tonnes of abalone each year 🌊 In the video below, Anja Visagie discusses how we helped Aqunion achieve cost savings by optimising energy usage during peak and off-peak hours through tariff arbitrage functionality. After a competitive tender process, SPS was selected to provide a technologically robust solution and Power Purchase Agreement (PPA) that eliminated the need for upfront capital investment by Aqunion. A state-of-the-art microgrid system was implemented, augmenting Aqunion's existing hydro plant and seawater storage facility to further optimise energy usage and maximise cost efficiency. The largest system at Aqunion Romansbaai features a 2.4 MWp solar PV capacity and 8.2 MWh of battery energy storage. ☀️ With the implementation of SPS’s renewable energy solution, Aqunion anticipates a significant shift in its energy consumption profile. “We expect to see our energy costs decrease over time and our reliance on renewable energy increase from 10% to 30%,” Rowan Yearsley, CEO of Aqunion comments. Watch the full video: https://lnkd.in/dxwRszAY #solarpv #BESS #batteryenergystorage #energyefficiency

South Africa – Large scale Sustainable Power Solutions (SPS), in partnership with Darling Green Country Estate and Touchpoint Energy, has successfully commissioned a 1MW solar plant in the town of Darling, within the Swartland Municipality. Read more here: https://lnkd.in/daKiJFib #africasolar #solar #solarpower #renewableenergy #SDG7