News and updates from the continent

Platinum Power Fuel Cell puts South Africa ahead

Platinum Power Fuel Cell puts South Africa ahead

Apr 8, 2015

South Africa’s Trade & Industry Minister Dr Rob Davies recently launched Africa’s first ever 100-kilowatt fuel cell that runs on platinum and natural gas; and said that South Africa at the forefront of developing fuel cell technology as it holds 80% of the world’s known platinum reserves.

Platinum Power Fuel Cell was installed at the Chamber of Mines offices in Johannesburg, making it Africa’s first ever building base-load fuel cell running on natural gas. Minister Davies said that this move will see South Africa gain entry into the manufacturing and distribution of fuel cell components.

Platinum Power Fuel Cell is a joint project between the Department of Trade and Industry (dti) and Mitochondria. The dti provided R7.5 million for feasibility work on the project and energy company Mitochondria received financing of R3.25-million from the Industrial Development Corporation (IDC).

Minister Davies said Platinum Power Fuel Cell technology takes South Africa to the “top of the value chain, where we are able to establish small plants like this one providing power in outlying areas and areas where it is difficult to connect people to the grid”. He added that the dti is contemplating the development of a platinum based Special Economic Zone (SEZ).

“We also have a range of incentive programmes in place. Our team is available to discuss with this industry establishing a plant in South Africa and ways that government can support and encourage this very important technologically leading value addition to our platinum reserves,” Minister Davies said.

Leave a Reply

Your email address will not be published. Required fields are marked *