new solar power
Funds from this raise will support Candi to install a solar array to provide clean, reliable power to a farm in the Northwest province of South Africa, which produces maize, corn, wheat and soybeans. 
For each £2,000 invested
125 tonnes of carbon are saved during the life of the equipmentSolar Power for Agriculture in South Africa
South Africa’s electricity sector has faced a prolonged crisis, with demand consistently outstripping supply for over 15 years, leaving many businesses vulnerable. With coal still generating around 80% of the country’s electricity, the sector remains a major source of emissions. By providing large agricultural businesses with access to clean, reliable solar power, we can help protect vital food production from power disruptions, reduce dependence on coal, and contribute to building a more resilient and sustainable energy future for South Africa.The system funded by this offer is expected to prevent approximately 1,703 tonnes of carbon emissions each year from entering the atmosphere.
About candi solar B.V
- Incorporated in July 2020
- Candi Solar specialises in commercial and industrial (C&I) and affordable housing.
- Candi Solar has grown to 110 employees based across South Africa, India and Europe.
- It operates over 140 installations across South Africa and India, with an installed capacity of over 110 megawatts.
- These installations have mitigated an estimated 104,436 tonnes of CO2-equivalent emissions since 2018
- Candi will use the funds from the bond offer provide the upfront funds to manufacture and install a large scale agricultural solar array.
Key Product Information
Issuer: Candi solar B.V.
Issuing Country: Netherlands
Investment target: £500,000
Minimum investment: £50
Maximum investment: No maximum
Maturity: 24 months
Expected interest rate: 6.25% per annum
Withholding tax rate: 0% (applicable to UK residents who do not invest within an IF ISA)
Interest payment frequency: 6 monthly
Capital repayment: 6 monthly
Financial instrument: Promissory note / secured interest bearing bond
Security: Secured (see details in the Offer Document)
Key Risks
This is a bond issued by a single company (rather than a savings product) and therefore it is recommended that you are careful with the amount you invest.
You must read the offer document (provided below) where a full statement of risks is presented.
This page has been approved by Share In Ltd (“ShareIn”) (FRN 603332) on 14/10/2025 as a financial promotion for the purposes of Section 21 of the Financial Services and Markets Act 2000 (as amended). ShareIn’s approval of this page is limited to the communication of it by Lendahand Ethex Ltd (FRN 776908) as an appointed representative of ShareIn.
Documents
Candi solar in the media
Candi solar B.V. is one of the pioneering solar companies supported by the Energise Africa initiative, a joint venture between Lendahand and Ethex.
What the project investment will enable
For the farm, access to reliable solar energy will protect production from the economic damage caused by power outages, lower energy costs, and improve long-term resilience.
At the same time, the project supports South Africa’s transition to a cleaner, more diverse energy mix, delivering environmental benefits while strengthening a vital agricultural business at the heart of local food supply.
candi solar B.V
candi offers a fully financed rooftop solar solution to underserved SMEs in India and South Africa , allowing clients to immediately cut their electricity costs, reduce their reliance on grid and diesel power, and eventually own the system themselves.
With over 140 installations across South Africa and India, candi solar has an installed capacity of over 110 megawatts (MW) while mitigating estimated 104,436 tonnes of CO2-equivalent emissions since its inception in 2018.
Social Impact
By investing, you’re helping to provide a South African farm with reliable, affordable solar power, protecting local food production from damaging power cuts. This supports jobs, strengthens rural economies, and ensures communities continue to have access to staple crops like maize, wheat and soybeans.
Environmental impact
This project will deliver significant environmental benefits by generating around 1,725 MWh of clean solar energy each year, preventing around 1,703 tonnes of CO₂ that would otherwise come from South Africa’s coal-heavy grid. By reducing reliance on fossil fuels, the installation helps tackle one of the country’s largest sources of emissions, supporting both climate action and the transition to a more sustainable energy system.
1,725 MWh
of clean solar energy each year
1,703 tonnes
reduction of CO2 over the lifespan of the equipment
125 tonnes
of carbon emissions saved per £2,000 investment
Offer Documents
Candi Solar Issue 12 Offer Doc (Log In to download)