Greenshare startup set to fundraise, expand and monetise its offering

Founder and chief executive, Desmond Williams, says the company offers a decentralised energy management system, enabling communities to generate, store and share renewable energy. 

The company offers unique long-term energy efficiency solutions for clients while guaranteeing optimum system performance and significant energy cost savings. 

“The problem is that alternative energy solutions are extremely costly, and millions don’t have R150,000 to R250,000 to fork out. We are here to bridge that gap,” he says.

Williams says the workshopping programme and the pitch experience have taught him business skills he will use for a lifetime. 

“Besides the great prizes, I am now well equipped to secure further funding for the future of our business.”

Greenshare’s vision is to ultimately offer:

• A platform comprising real time power control systems that will enable energy management and peer-to-peer energy trading via a secure transaction system, affording the customer an opportunity to earn credits through net metering.


• A digital currency token platform that is arranged into the microgrid communication network, and is configured to generate digital tokens. Using blockchain technology, a decentralised secure digital ledger will verify, authenticate and record transaction requests for electrical power units.


• A mobile application that allows customers to keep track of  the buying and selling of energy using a secure transaction system; real time visualisations of energy usage and transactions, and real time market place energy arbitrage.