The Delmas High School Solar Project
“Die Lewe is Mooi” (Life is beautiful) is the motto of Delmas High School.
Established in the 1950s and located in the Mpumalanga province of South Africa, this public secondary school has over 630 learners and is an English and Afrikaans language school. There are two hostels on the premises and an extensive range of sports activities are provided.
The school strives to send disciplined, determined learners into the world and strongly believes that it serves the community in both word and deed.
The solar plant will be equipped with a critical load battery storage system, meaning that they can keep on teaching even during the routine power-cuts that are impacting education all over the country.
Buying solar cells in this project is supporting a school to go solar and save on energy costs so that the school can further invest in learners and educational resources and significantly reduce carbon emissions for 20 years.
The Fine Print is good Print
The purchase price covers the following: insurance (fire, theft, damage), ongoing maintenance (such as annual cell cleaning), contributions to a maintenance reserve and administration services.
Total solar project size 98.28 kWp + 80 kWh storage
Number of cells as Digital Assets: 2865 cells
Cost per cell USD: $9 (~R150)
Lease term: 20 Years
Total Est. 20yr Earning: R 41,900.00
Payment schedule: quarterly payments completed after completed installation
Est. annual generation: 4.87 kWh per cell
Est. total lifetime (20 year) earnings per cell: 22 USD equivalent
Est. Annual Payout: $124.32 (For the 111 Solar Cell Bundle)
Project Address: 1 Hendrik Verwoerd Ave, Delmas, Mpumalanga
Holders will be notified once the installation complete.
Solar PV system: 98.28 kWp
Solar panel type: Crystalline Silicon
Solar manufacturer: Longi Solar
Mounting system: Roof Mounted
Battery system: 80 kWh
Battery manufacturer: Freedom Won
Inverter: 60 kW
Inverter manufacturer: GoodWe
Standard compliance: IEC-62103 (EN50178), IEC-62109, AS3100
Installation standard To meet: NRS097 and SANS10142 codes
Disclaimer & Legal
Investment Risks: All investments, including those in solar cells or any projects on Momint, come with inherent risks. The value of your investment can go up as well as down, and you may not get back the full amount you invested. Past performance is not indicative of future results.
Your earnings from the solar cells can be impacted by a variety of factors including but not limited to installation timeline delays, fluctuations in solar cell performance and energy generation, default or non-payment from the energy consumer, fiat and digital currency fluctuation, government regulatory changes and power outages.
Due Diligence: It’s imperative that potential investors conduct their own research and due diligence before making any investment decisions. Ensure you understand the risks associated with the investment and seek independent advice if necessary.
Tax Implications: Investors are responsible for any tax implications arising from their investments. It’s recommended to consult with a tax professional or advisor to understand any potential tax liabilities based on your jurisdiction and individual circumstances.
Security Reminder: Always safeguard your Momint Wallet credentials. Momint is not liable for any loss of NFTs due to personal negligence.
Regulatory Status: This product has not been authorized by the Financial Sector Conduct Authority (FSCA) of South Africa or the United Kingdom’s Financial Conduct Authority.