years

German company to open manufacturing unit in Africa

Posted on : Wednesday , 24th December 2014

 The facility would include a production line and quality test centre for SMA’s Sunny Central inverters, warehousing, as well as the African branch of the SMA Solar Academy training centre.

Thorsten Ronge, the managing director of SMA South Africa, said the group chose to set up its manufacturing base in Cape Town as it was close to the existing solar supply chain. The Cape Town facility is the third clean energy manufacturing unit supported by the country’s Department of Trade and Industry (DTI) in the past four months. The factory is expected to complement the growth of South Africa’s manufacturing sector.

Green economy has been identified as a key focus area of the Industrial Policy Action Plan, dictated by the government. According to Rob Davies, minister of trade and industry in South Africa, Trade and Investment South Africa (Tisa) has allocated US$258mn for manufacturing processes within the renewable energy sector in 2013-2014.

Investment in the green economy contributed significantly to Tisa’s 2013/14 investment pipeline of US$5.1bn. The current pipeline for the 2014/15 financial year is at US$2.3bn, with a significant contribution from the green economy, he added.

Source : www.africanreview.com

OUR ASSOCIATES

VIEW MORE

EXPOGROUP

Expogroup is a full service exhibition organiser with over eighteen years experience in International.Trade Exhibitions and Events. Our current portfolio includes 20 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.

EXPOGROUP © 1996 - 2024 | Privacy Policy

Find us here

Subscribe Newsletter

Join our mailing list and receive latest news and advice from us in our monthly Newsletter

Yes, I would like to receive Expogroup E-newsletters

Instant Reply