South Africa and China Partner to Boost Clean Energy Manufacturing

by
1 min read
c l

South Africa’s Sinayo Group and China’s Mingyang Smart Energy Group have formed a joint venture to enhance clean energy manufacturing capabilities. The goal is to establish two manufacturing plants in Johannesburg, South Africa, for wind turbines and photovoltaic products. With a combined investment of R1 billion, this partnership stands to create over a thousand jobs.

Companies’ Backgrounds and Roles in the Joint Venture

The Sinayo Group, founded in 2016, is a black women-owned investment firm specializing in asset gathering. They have recently expanded into direct fixed investment in South Africa’s energy and manufacturing sectors. Meanwhile, Mingyang Smart Energy Group is a leading clean energy integrated solutions provider and a world-class wind turbine manufacturer. Their role in the joint venture is to offer technical support and lead strategy development for solar panels and wind turbines.

Excitement and Competition

Babalwa Ngonyama, Founder and Global CEO of Sinayo Group, expressed excitement about the joint venture’s potential for job creation and accelerating local enterprise development. Meanwhile, Gregg Abell, Pan Asian CEO of Sinayo Infinity, praised the competitive edge that this partnership will provide. The joint venture will grant access to innovative new energy products, locally manufactured through state-of-the-art facilities and technologies.

Acknowledgment and Praise

Chuawei Zhang, Chairman of Mingyang, acknowledged Southern Africa’s growth potential and praised the partnership with Sinayo Infinity for combining local market knowledge, new energy product development capabilities, and manufacturing expertise. Yunus Hoosen, Acting Deputy Director-General of Investment, praised the partnership’s strategic engagement with China to deepen investment and industrial development in South Africa.

Consistent with Ambitions for a Green Economy and a Just Transition

Stavros Nicolaou of the South African Chapter of the BRICS Business Council highlighted that this collaboration is consistent with China and South Africa’s ambitions to work together in key sectors of their economies, such as energy security. He added that this partnership will further bolster South Africa’s efforts towards a green economy and a just transition.

This joint venture is a testament to the commitment of both Sinayo Group and Mingyang Smart Energy Group to foster clean energy manufacturing capabilities in South Africa and the region. The goal is to drive job creation, economic growth, and sustainable energy solutions.

A Russian-Spanish journalist and Cape Town native, channels his lifelong passion for South Africa into captivating stories for his local blog. With a diverse background and 50 years of rich experiences, Serjio's unique voice resonates with readers seeking to explore Cape Town's vibrant culture. His love for the city shines through in every piece, making Serjio the go-to source for the latest in South African adventures.

View all

Leave a Reply

Your email address will not be published.

f i
Previous Story

Assessing the Aftermath of the Fire Tragedy in Marshalltown, Johannesburg: MEC Lebogang Maile’s Visit

s o
Next Story

Soaring Tourism in South Africa: January to July 2023

Latest from Blog

drug bust high-speed pursuit

Dramatic Drug Bust in Parow: A Tale of High-Speed Pursuit and Canine Intervention

A thrilling drug bust in Parow involved a highspeed pursuit, canine intervention, and an attempted bribery. The Metro Police and K9 unit worked together to uncover 42 packets of tik, 29 packets of dagga, and three large packets of cocaine hidden in the vehicle. This incident showcases law enforcement’s ongoing battle against drug trafficking in the city and the importance of public participation in reporting criminal activities.

infrastructure maintenance sewer pipe replacement

Stepping up Infrastructure Maintenance: Cape Town’s Sizeable Investment in Sewer Pipe Replacement

The City of Cape Town has invested over R5.5m in the Maitland Sewer Pipe Replacement Project, which aims to replace outdated sewer pipes in the Maitland district. The project uses an innovative approach called Curedinplace pipe (CIPP) to line old vitrified clay sewer pipes with a resincoated textile tube, resulting in a jointless and flawless lining. The project serves as an example for other cities on how to prioritize and tackle infrastructurerelated issues, while emphasizing civic responsibility and the importance of collaboration and compliance among citizens.

theatre south africa

A New Stage: Kai Luke Brümmer’s Journey from Screen to Theatre

South African actor Kai Luke Brümmer is taking his awardwinning role from the film ‘Moffie’ to the theatrical stage, presenting a fresh perspective on an already celebrated story. Brümmer’s performances have received critical acclaim, and he is eager to delve deeper into the narrative on stage. With a South African heritage and experience in live performances, Brümmer is ready to tackle the challenge and present a compelling theatrical experience for audiences. The play is set to premiere at the Riverside Studios in London on 5th June.

community engagement conservation efforts

Cape Town’s Call to Action: Conserving Natural Beauty Through Community Engagement

Cape Town is calling on organizations to join the Protected Area Advisory Committees to help preserve nature reserves and their unique biodiversity. These committees facilitate communication and partnerships between local communities, interest groups, and the City, playing a fundamental role in managing the City’s nature reserves. The makeup of the committees reflects diversity and inclusivity, and they oversee a variety of nature reserves, each with picturesque landscapes. Cape Town’s initiative stands as a hopeful model for community participation in environmental conservation.

south african parliament legislative agenda

A Discerning Glance at South Africa’s Parliamentary Proceeding from May 13-15, 2024

The South African parliament’s agenda for May 1315, 2024, includes a range of legislation, committee meetings, and touching farewell speeches from esteemed members. The week’s discussions will revolve around critical bills such as the Basic Education Laws Amendment Bill, National Water Resources Infrastructure Bill, and Railway Safety Bill. The week concludes with members’ farewell speeches, representing their personal and political trajectories in parliament. The schedule reflects the vibrant and dynamic nature of South Africa’s political structure, shaping the future of the nation.