Renewable Energy Project Advisory & Assurance

We make African renewable energy projects investable, deliverable, and proven.

Spear South Africa is an independent advisory and construction-assurance firm. We take solar, storage and EV projects from concept through bankability to certified completion — closing the trust gap between viable projects and the capital that builds them.

Core service lines
2
Dimensions of diligence
4
Priority technologies
3
Reach, SA-headquartered
Pan-African

What we do

We sit between capital and execution — and make both sides work.

Viable projects and available capital both exist across Africa. What kills deals is the gap between them: investors can't verify quality from a distance, and developers can't satisfy lenders alone. Spear closes that gap with independent, on-the-ground rigour.

Projects need proof

Developers, EPCs, utilities and off-takers have real projects — but struggle to reach the standard of documentation and verification that lenders require.

SPEARIndependent technical & financial assurance

Capital needs certainty

Lenders and investors want boots on the ground: verified quality, milestone control, and reliable reporting throughout construction.

Services

Two service lines, one standard of rigour.

Service 01

Project Vetting & Advisory

  1. Intake

    Projects arrive from EPCs, developers, utilities and off-takers.

  2. Due diligence

    Technical, financial, regulatory and commercial review against a documented methodology.

  3. Endorsement

    Projects meeting our standard receive a formal Spear sign-off.

  4. Bankable output

    A vetted, investment-ready project with full documentation.

Service 02

Construction Oversight & Assurance

The lender-mandated Independent Technical Advisor role.

  1. Pre-construction

    Design review, EPC qualification, contract and readiness checks.

  2. Site monitoring

    Site visits, QA/QC audits, safety compliance and lender reporting.

  3. Draw-down certification

    Independent milestone sign-off — funding flows on verified progress.

  4. Commissioning

    Completion certified, final report issued, project handed over operating.

Our diligence framework

Every project assessed across four dimensions.

01Technical

  • Site feasibility & solar resource
  • Equipment & design review
  • EPC qualification
  • Grid connection assessment
  • O&M plan validation

02Financial

  • Financial model audit
  • Revenue assumption review
  • Debt service & return profile
  • IRR benchmarking
  • Currency & inflation risk

03Regulatory

  • Permitting & planning status
  • NERSA / REIPPPP compliance
  • Grid code review
  • B-BBEE eligibility
  • ESIA adequacy

04Commercial

  • Off-take agreement review
  • PPA terms & off-taker credit
  • Land rights & tenure
  • EPC contract & penalties
  • Developer track record

Our role, stated plainly

We function as project insurance — not by paying out when things go wrong, but by making sure they don't go wrong in the first place.

Sector focus

Where we concentrate.

Primary focus

Solar PV

The highest solar irradiation on earth makes this the largest and most bankable renewable opportunity on the continent.

Growing

Battery Storage

Increasingly mandated co-located with solar, plus standalone grid-stability BESS projects.

Emerging

EV Infrastructure

Commercial charging and fleet electrification demand is accelerating across the region.

Headquartered in South Africa — active across Johannesburg, Cape Town and Durban — with a pan-African outlook across the SADC region and beyond.

Work with us

Two ways in.

For developers & EPCs

Send us your pipeline

Submit a solar, storage or EV project for independent assessment. Well-developed projects with a real path to close are where we add the most value.

Submit a project →

For lenders & project sponsors

Engage us as your independent advisor

Bring us in as Independent Technical Advisor for pre-close diligence, construction monitoring, and draw-down certification.

Start a conversation →

Get in touch

Start with a project or a conversation.

michael@spearsouthafrica.co

Johannesburg, South Africa · Serving the African continent