R135 million investment yields energy solutions made in Paarl

Ener-G-Africa CEO, Andre Moolman, says the R135 million investment it pledged in April this year has begun to bear fruit.

“The 500MW facility will be the largest solar panel assembly plant in Africa, creating South African job opportunities and value addition through advanced manufacturing. In addition to helping reduce the impact of load shedding through domestic sales, Ener-G-Africa will also export to the rest of the continent,” he added.

To that end, he noted that, “the manufacturing line for the energy-efficient cookstoves has already commenced, and the expansion of the solar plant is expected to be completed in the third or fourth quarter of 2024.”

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Africa: AfDB, AGF Target $5bn Finance for Women Led SMEs in AfricaAfrican Development Bank (AfDB) and the African Guarantee Fund (AGF) have pledged to mobilise $5 billion in financing for African women businesses by 2026.
La source: allafrica - 🏆 1. / 99 Lire la suite »

Africa: U.S. Chamber of Commerce Names Kendra Gaither President of U.S.-Africa Business CenterAnnouncement - The U.S. Chamber of Commerce today announces Kendra Gaither’s appointment as President of the U.S.-Africa Business Center (USAfBC).
La source: allafrica - 🏆 1. / 99 Lire la suite »