Three of South Africa’s largest banks — FNB, WesBank, and RMB — have launched Nav.energy, an integrated renewable energy platform that simplifies how South African businesses access, finance and implement renewable energy solutions.
Muneer Ismail, CEO of commercial and corporate banking. Image supplied.
“We have spent years building capabilities that work at scale for our own clients. This allows more businesses and consumers to access those same capabilities, in a way that is simple to use,” says Muneer Ismail, CEO of commercial and corporate banking.
“We are focusing on energy because it is one of the most pressing issues facing South African businesses, and it is an area where we have deep experience.”
Simplifiying renewable energy
As businesses increasingly seek greater energy resilience, cost certainty, and sustainability, renewable energy adoption can still be complex, as organisations must navigate technical, financial, and operational considerations.
Nav.energy aims to simplify this complexity by bringing together funding, expertise, delivery partners, and flexible ownership models to meet different needs.
“As part of our commitment to climate resilience and sustainable economic growth, Nav.energy reflects our determination to help clients meet their energy needs through on-site and alternative solutions,” adds Ismail.
“Our role is to help businesses make informed energy decisions and access solutions that support long-term growth and investment.”
Lance Dickerson 16 Oct 2026 Backed by experience
Years of experience supporting clients, developing energy infrastructure, and enabling the transition to cleaner, more resilient energy solutions underpin the platform, says Ismail.
RMB has supported renewable energy projects in South Africa for 14 years and has lent more than R46bn to government-led programmes and private-sector initiatives.
As of 30 June 2025, 76% of RMB’s R53.5bn infrastructure lending and investment is related to renewable energy in South Africa.
WesBank, FNB Energy Solutions, and Acacia, which supports renewable energy providers across the sector, provide behind-the-scenes funding and expertise, with Nav.energy simplifying customer access.
Building energy resilience
Customers can learn more about the service, submit an enquiry, and speak to specialists who can help identify the most suitable solution for their business.
The platform is expected to receive future enhancements, including energy calculators, system-sizing tools, and a supplier directory.
“Our ambition is to help South African businesses strengthen resilience, manage energy costs and pursue their sustainability goals with confidence,” says Ismail.
