Chinese solar energy solutions provider NARI has entered into a partnership with solar mounting supplier Powerway Renewable Energy to build PV projects in South Africa
The two companies will together to provide engineering, procurement and construction services to the PV industry in South Africa.
As part of the agreement, the two companies will jointly develop solar farm projects in South Africa and on the African continent, working together as a single engineering, procurement and construction contractor to reduce costs. NARI will also license Powerway South Africa to produce its PV products like inverter, cables and other balance of system equipment.
Powerway has had a presence in South Africa since announcing plans early last year to build a 500MW mounting system manufacturing plant in the country. The facility was opened in the Northern Cape province of Kimberly in June 2012.
For NARI, the venture will mark the company’s first foray into the South African PV market.
NARI Group chairman and general manager Wang Wei said, “NARI needed a business partner in South Africa who has already set up a wide market connection and has the capacity of local production to meet local content requirements. Powerway is the ideal partner to work with in the African markets.”
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