Develop
Feasibility, engineering designs, environmental processes, grid strategy and land, assembled as a bankable package to lender standards.
Renewable Energy · Project Finance · Community Impact
One company, built for bankability.
A South African renewable-energy company taking public-sector energy mandates from feasibility to financial close — structuring finance with the right public and private partners.
CA(SA)financial structuring
ECSA-registeredengineering
Provincialpanel mandate since 2023
REIPPPP/ B-BBEE aligned
JETaligned
Who we are
One company, built for bankability.
Devas 10X is a ring-fenced company that develops and holds utility-scale solar PV and battery energy storage projects — engineered from day one to meet the standards of institutional lenders, development finance institutions and government partners. Headquartered in Sandton, it unites development, engineering, funding access, commercial structuring and government engagement under one roof, with all assets, licences, agreements and revenues held at company level.
500 MWacsolar PV under development
1,000 MWhbattery storage under development
Multi-bn Randinfrastructure programme
10 GWprovincial scalability mandate
Flagship programme — North West Province
Government-originated, lender-focused.
A government-originated solar PV and battery storage programme across two municipal sites in the North West Province, developed under a formal provincial procurement process and endorsed at provincial level. Feasibility completed and refreshed to current costing, grid connection strategy identified, and environmental authorisation well advanced — structured for phased, scalable implementation.
Technology chosen for bankability
Yield, storage and local content designed together.
- Bifacial PV on single-axis tracking for higher lifetime yield.
- LFP battery storage for efficiency, cycle life and safety in the South African context.
- Tier-1 OEMs paired with South African manufacturers to maximise local content under REIPPPP.
Operating model
Develop. Structure. Deliver.
Structure
Blended finance spanning public viability-gap instruments, private equity, development finance institutions and commercial debt.
Deliver
Independent EPC oversight, Tier-1 equipment standards, revenue assurance and multi-decade operating horizons.
Financing with partners
Capital stacks matched to public mandates.
Devas 10X structures project finance with public viability-gap instruments, private equity and infrastructure funds, DFIs, export credit agencies and commercial lenders — assembling the right capital stack for each project. Structures include Build-Operate-Transfer, Public-Private Partnerships, joint ventures and hybrid models. Participants enter at company level, with independent legal review before any agreement.
Community impact
Infrastructure that transforms, not just transmits.
Every development carries mandatory community components — agricultural development with irrigation and market linkages, agro-processing with operator training, and skills programmes spanning technical training, entrepreneurship, cooperative formation and financial literacy — targeting a strong majority of local employment from previously disadvantaged individuals.
1,000sconstruction & operational jobs per programme
~1.2M tCO₂ avoided annually at full scale
Lowerenergy costs for municipal end-users
JETaligned
Team
Complementary expertise, lender-grade.
Financial leadership
CA(SA)-qualified; PPP, blended-finance and DFI experience.
Technical leadership
ECSA-registered electrical engineering; dual Master’s; 20+ years across thermal and renewable power.
Independent EPC
Turnkey delivery with monthly independent monitoring.
Legal
Commercial project counsel — PPAs, leases, escrow to financial close.
Environmental & social
Pr.Sci.Nat, EAPASA-registered ESIA; GIS and public participation.
Specialists
PV design, BESS integration, PMP project management, quantity surveying.
Detailed profiles available to qualified counterparties under confidentiality.
Who we work with
Partners across the capital stack.
Investors & funders
Infrastructure and energy funds, DFIs, climate funds and commercial lenders seeking bankable, government-endorsed renewable companies in Africa.
Government & utilities
Provincial entities, municipalities and utilities pursuing energy security, grid stability and developmental outcomes.
Industry & community
Large power users, industrial off-takers, agricultural cooperatives and community organisations with long-term energy needs.
Partner with us
Partner with us.
Detailed project information, financial models and transaction terms are shared with qualified counterparties under non-disclosure agreements.
Get in touch — info@devas10x.co.za