South African Delegation Courts Japanese Investors for Green Hydrogen Projects
Key Ideas
- East Cape premier and delegation from South Africa visited Japan to attract investments in green hydrogen projects at Coega SEZ.
- The delegation met with prominent Japanese companies such as Mitsui, IHI, Itochu, MHI, and JERA to discuss potential collaborations.
- The focus was on showcasing opportunities in the green hydrogen industry to boost economic growth and sustainable development.
- The visit aimed at strengthening ties between South Africa and Japan in the renewable energy sector.
South Africa's Eastern Cape premier, Oscar Mabuyane, along with a delegation that included the electricity and energy minister and the Northern Cape premier, recently undertook a trip to Japan with the objective of attracting investments in green hydrogen initiatives. The primary goal behind this visit was to secure funding from leading financial institutions and trading companies for projects within the Coega Special Economic Zone. Key Japanese companies like Mitsui, IHI, Itochu, MHI, and JERA were part of the discussions. The focus of the meetings was to highlight the potential for collaboration in the green hydrogen sector, signaling a positive outlook towards renewable energy development. By engaging with these Japanese investors, the delegation aimed to not only boost economic prospects at the Coega SEZ but also foster stronger partnerships between South Africa and Japan in the realm of sustainable energy.