German dena RES Project
South Africa at the
Dominican Grimley School

PV Renting
at the Grimley School

The maxx group took care of the engineering and material supply of the PV system. The maxx I team installer SOLARPowerPB PTY Ltd. installed the system and the start-up company SunRent PTY Ltd. invested in the system. The PV system will substitute expensive grid electricity, which costs the school 1.87 ZAR/kWh excl. VAT. Only in the first year, the school will save minimum R19,500 excl. VAT. The school rents the system for 10 years and can buy it afterwards for R30,000 excl. VAT. The rent starts with R3,640 excl. The annual increase of the rent is 3% plus CPIX. The school can save up to R4.7 Mill. over 20 years considering an annual grid electricity tariff increase of 13.5%.

The dena RES Project South Africa is part of the worldwide dena Renewable Energy Solutions Programme coordinated by Deutsche Energie-Agentur (dena) - the German Energy Agency - and co-financed by the German Federal Ministry for Economic Affairs and Energy (BMWi) within the German Energy Solutions Initiative.