South Africa’s PIC Leads a $37 Million Pledge for Green Hydrogen

South Africa’s PIC Leads a $37 Million Pledge for Green Hydrogen

South Africa’s green hydrogen sector boosted by big-ticket funding commitments

In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s State-owned Public Investment Corporation (PIC) asset manager, the State-owned Industrial Development Corporation of South Africa (IDC), and the Development Bank of Southern Africa (DBSA) have committed the equivalent of $37-million to South Africa’s SA…

Mahlako's Prieska Power Reserve Secures Funding for Green Hydrogen

Mahlako A Phahla Investments and Central Energy Corporation secure funding for their Prieska Power Reserve project, a significant step in South Africa's energy transition.