By Akani Nkuna
Chairperson of the Public Investment Corporation (PIC) board, David Masondo, has said that Cape Town’s HyPlat facility will expedite South Africa’s ambitions in the advancement of hydrogen technology manufacturing and further enhance the development of specialised technical skills whilst strengthening the country’s position in global clean-energy value chains.
Masondo outlined that the facility’s proximity to research institutions, logistics infrastructure, and SA’s platinum mining ecosystem positioned the HyPlat to speedily advance the country’s hydrogen industrialisation endeavours that facilitate localisation, industrialisation, and export-led growth.
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“Investments such as Bambili Energy demonstrate how patient capital is driving industrialisation, adding value to our minerals, such as platinum, while enhancing energy security and supporting decarbonisation through hydrogen energy,” he said.
“This represents critical South African innovation, deepens industrial capacity, and creates new opportunities in sectors that will shape
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