Neelam Rahim | neelam@radioislam.co.za
3-minute read | 29 November 2025
Delegates from Standard Bank and Midvaal Private Hospital standing in front of the newly commissioned R34 million renewable energy system. 📸 File photo. Image: Moneyweb
A landmark renewable energy project at Midvaal Private Hospital in Vereeniging is signalling a bold shift in South Africa’s healthcare infrastructure. The facility has officially switched on a R34 million solar and battery energy system, fully funded by Standard Bank, designed to guarantee uninterrupted power for operating theatres, ICUs and critical diagnostic services.
This comes at a time when the country’s energy instability continues to place essential services at risk. According to Sameer Bagwandeen, Head of Energy Infrastructure and Mining at Standard Bank Business and Commercial Banking, “the combined system is expected to generate approximately 1.4 gigawatt hours of clean energy in its first year, significantly reducing the hospital’s reliance on the national grid.”
The installation comprises a 1.2MW solar PV system paired with a 2.5MW battery energy storage system, engineered to cushion the hospital against load shedding, load reduction and local substation failures issues that have compromised patient care nationwide. Bagwandeen notes, “You can’t go into an operating theatre hoping you don’t have load shedding. Having this system gives them peace of mind that they can operate with confidence and the patient’s health is at the forefront of it all.”
Under the leadership of hospital manager André Gilbert, the project took over a year of planning and partnership. “It’s kind of a partnership we’ve walked this journey with him for more than 12 months,” Bagwandeen shared, emphasising the collaboration behind the initiative.
Standard Bank’s renewable energy financing model offering up to 100% loan-to-value with no deposit was key in making the project viable. With a 10-year term designed for cash-flow neutrality, hospitals adopting similar systems would “not pay a cent more than they currently pay for grid power from year one.”
This affordability, he explained, makes the model replicable across South Africa’s healthcare sector and beyond. “It’s not bespoke to this hospital alone. We can take it into the rest of Africa,” Bagwandeen added, citing Standard Bank’s continental footprint.
The system incorporates Longi solar panels, Sunbro inverters and Solar Energy batteries components rated as tier-one global products suited for demanding medical environments. Installation was executed by Bespoke Energy, with project management by Tataka Energy, both commended for meeting the high standards required.
As South Africa accelerates its transition towards sustainable energy, the project stands as a “key milestone” in Standard Bank’s R450 billion sustainable finance commitment for 2022–2028. Bagwandeen stressed that reliable, affordable energy is “fundamental to patient care and operational continuity,” urging other healthcare facilities and businesses to engage with their specialists.
With ribbon-cutting celebrations completed this week, Midvaal Private Hospital’s project not only transforms its own operations, it sets a powerful precedent for resilient, climate-conscious healthcare across the continent.
Listen to the full interview on Your World Today with Mufti Yusuf Moosagie and Sameera Bagwandeen.
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