Mashudu Ramano’s already ambitious fuel-cell venture is fast morphing into an even greater endeavour to tap into a $100bn (R1.4-trillion) opportunity that will transform Mpumalanga into a green hydrogen heartland.

Ramano’s Mitochondria Energy Systems is developing a bespoke fuel-cell technology in partnership with Austrian engineering company AVL. With already R50m in funding from the Industrial Development Corporation and the Development Bank of Southern Africa, the R2bn fuel-cell project is completing its final bankability studies with a view to begin production of 250MW in fuel cells a year from 2023. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.