Lungi Mathabela

A South African solar energy innovator revolutionizing renewable energy access through P2P platforms

Lungi Mathabela is a visionary entrepreneur and engineer whose work in solar energy innovation has made a profound difference in renewable energy accessibility across Africa. As co-founder and CEO of Sun Exchange, he pioneered a groundbreaking peer-to-peer solar leasing model that allows individuals worldwide to invest in and own rooftop solar panels in Africa. This innovative approach has enabled thousands of schools, businesses, and households to access affordable clean energy while creating global investment opportunities.

Mathabela's career began with a degree in Engineering from the University of Cape Town, followed by work in solar installation before discovering the financing challenges facing solar projects in Africa. His solution - using blockchain technology to tokenize solar panel ownership - has raised over $20 million in crowdfunded investments since 2017. By 2023, Sun Exchange had deployed over 20MW of solar capacity across 8 African countries, reducing carbon emissions by an estimated 35,000 tons annually.

What makes Mathabela's work truly transformative is its dual impact: economic empowerment through local job creation and environmental sustainability through renewable energy adoption. His partnership with Greenpeace Africa has further amplified the reach of solar initiatives in underserved communities. In 2022, he launched the Solar For All initiative providing free solar installations for schools in rural areas, directly benefiting over 50,000 students.

Mathabela's leadership extends beyond business - he actively mentors young engineers through the African Solar Academy and advocates for policy changes to support renewable energy adoption. His TEDx talk "Decentralizing the Sun" has inspired global audiences about the potential of democratized energy systems. Recognized as a 2021 World Economic Forum Technology Pioneer, his work exemplifies how innovation can bridge energy divides and create sustainable futures.