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Factor E exists to bridge the gap between ideas and reality, between problems and solutions, between technology and people.

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Our Think + Do + Learn approach combines strategic thinking with practical action and continuous learning. We deliver this through Factor E Labs and Factor E Ventures.

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Open Access Energy
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Open Access Energy
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Clean Power
Power systems & Networks

Open Access Energy is building the software layer to connect independent power producers, and distributed consumers (“energy wheeling”). Their platform will support South Africa’s grid in transitioning 20GW* of power from coal to renewable energy. (*That’s enough to power over 30M homes at average consumption rates in South Africa.)

South Africa's transition to clean energy offers a significant opportunity for climate mitigation. Despite being the world's third-largest domestic power market, 80% of South Africa's electricity still comes from aging coal-fired power stations. A key obstacle to this transition is the lack of appropriate infrastructure. The government and major utilities are not reliable buyers of renewable energy, and distributed producers struggle to connect to the grid. Open Access Energy is addressing these challenges by building a technology platform that enables independent producers to feed electricity directly into the grid or to distributed users. This platform is crucial for accelerating South Africa's green transition and unlocking the full potential of renewable energy.

Company News

Press
Aug 14, 2024

Open Access Energy Secures $750,000, Launching $1.5 Million Seed Round

Press
Aug 14, 2024

Open Access Energy Secures $750,000, Launching $1.5 Million Seed Round

Press
Aug 14, 2024

Open Access Energy Secures $750,000, Launching $1.5 Million Seed Round

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