The company will begin wind tower manufacturing via its new facility located in Atlantis, Cape Town (Western Cape).

The facility, which will create over 200 jobs, will produce 150 towers annually for the South African market with a total project investment of €22m, significantly contributing to the country’s renewable energy development.

GRI CEO Javier Imaz said, "With this new facility, GRI consolidates its position in the South African market, factor that will enable the business to deploy and share its know-how to the local market."

Additionally, Gestamp, through its wind subsidiary, is developing a 75MW wind power plant in the Karoo area on the farm Noblesfontein (Victoria West) with an investment of around €160m.

The company is also anticipating securing another wind project of 100.8MW submitted in the Round 3 of the REIPP public tender process.