Solar MD, a South Africa based company, has started construction on a new facility that will be home to Africa’s first dedicated gigawatt battery storage manufacturing plant.
The City of Cape Town says the new 12,500-square-meter Solar MD light industrial site will include offices, manufacturing, and storage facilities, and will be four times the size of the current facility.
Solar MD currently produces around 120 batteries per day with plans to increase manufacturing up to 300 batteries per day once the new facility is fully up and running. Its staff will also increase to 240 from its existing 120 employees.
The project, scheduled for completion in May 2024, is being managed by Atterbury Property.
“This development marks an exciting moment for Cape Town. Not only does this investment fuel Cape Town’s drive towards a smarter, cleaner, and more secure energy future, but it also makes this metro the base for the production of these batteries that are exported into Africa and Europe,” said Alderman Vos, City of Cape Town mayoral committee member for economic growth.
Source: MyBroadband SA