Sibona Ilanga Trust
The Sibona Ilanga Trust was formed as a Community Trust whose main purpose is to carry out public benefit activities within a 50 kilometre radius of De Aar Solar Power. This Community Trust has an effective ownership of 8% of De Aar Solar Power (RF) (Pty) Ltd.
The Trust provides necessary funding and resources to organisations which are engaged in building resilience and improving social cohesion in the surrounding communities that include, but are not limited to De Aar, Britstown and Hanover.
Whilst the Trust was formed in 2012, construction of the De Aar Solar Power was completed and commenced with operations in 2014. Following this, Trustees were appointed in 2015.
The purpose of the Sibona Ilanga Trust is to strengthen communities to be able to better manage social inequalities, whilst enabling access and funding to programmes that improve the standard and quality of life, of all people, in the targeted communities. The Trust partners with organisations that boost social development and unity as well as assist in the advancement of disadvantaged.
The South African Government’s Renewable Energy Independent Power Producer Programme requires a local ownership of 2.5%, making the 8% ownership significantly higher than the government’s minimum threshold.See more