Ontrac get an big order from South Africa
Ontrac get an big order from South Africa again. A few years ago, Ontrac had extended the market to South African, and Ontrac actuators were widely used in power construction in South Africa.
Through market research, we found that South Africa is the largest power producer country and the most economically developed country in Africa. South Africa has a lots of developed electricity industry, generating 60 percent of Africa’s electricity, and be one of the most important electricity export country. South Africa supplies electricity to neighboring countries which including Botswana, Mozambique, Namibia, Swaziland , Zimbabwe, etc.
As South Africa’s industrialization accelerated in recent years, electricity demand up to 34000 MW per year and demand still fast growing, however, at present the national electricity generation capacity can’t meet the growing size of the industry and life. Accordingly, the government of South Africa give strongly support to ESKOM to ensure the electricity supply. The research also show us that the whole Africa continent’s annual electricity market investment is more than $90 billion.
Now Ontrac Actuator follow the “One Belt and One Road” policy and open up the African market. Among them, the South African market has a strategic significance to ONTRAC.