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Tue, December 10, 2024
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Power your farm's future: Access grants, finance and expert guidance for solar power

Power your farm's future: Access grants, finance and expert guidance for solar power


Published on 2024-12-10 06:00:51 - businesstech.co.za
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  • Standard Bank's PowerPulse has entered a pilot partnership with The Land Bank, which has been tasked with distributing the R1.2 billion Agro Energy Fund (AEF) to qualifying agricultural businesses, to help them fund the purchase of capital equipment and infrastructure for alternative energy sources directly linked to energy-intensive farming operations.

The article from BusinessTech discusses how South African farmers can leverage solar power to reduce energy costs and enhance sustainability on their farms. It highlights the availability of grants, finance options, and expert guidance to facilitate the transition to solar energy. The piece mentions that through initiatives like the Energy Bounce Back Scheme, farmers can access funding to install solar systems, which not only helps in cutting down electricity expenses but also supports environmental conservation. Additionally, it points out the importance of expert advice in navigating the complexities of solar installation, ensuring that farmers make informed decisions that align with their operational needs and financial capabilities. The article emphasizes the dual benefits of economic savings and contributing to a greener future, making solar power an attractive option for the agricultural sector in South Africa.

Read the Full businesstech.co.za Article at:
[ https://businesstech.co.za/news/industry-news/802850/power-your-farms-future-access-grants-finance-and-expert-guidance-for-solar-power/ ]

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