Hong kong-headquartered Neosun Energy began installing a 1 MW solar power station at Dayizenza Mall in Nelspruit, South Africa. Expected to be completed in November, the grid-tied system aims to reduce monthly electricity costs by over 50-60% and provide lifetime savings exceeding R164 million, supported by a 53% internal rate of return. The installation, which began in October, will use over 140 solar panels, contributing to significant CO2 reductions with an estimated 25,807 tons offset during its operational lifetime. Additionally, the project demonstrated strong financial viability, achieving a 53% IRR and a 12-month payback period, with cumulative savings estimated to exceed ZAR164 million (~ $9.26 million).