Energy Vault enters licensing deal for gravity storage solution with SADC-focused consortium

Grid-scale energy storage solutions company Energy Vault has signed a licensing and royalty agreement with a South African consortium, established with the aim of deploying the NYSE-listed company’s gravity energy storage systems across the 16 countries that make up the Southern African Development Community (SADC) bloc. The agreement is with Gravity Energy Storage Solutions (GESSOL), an entity comprising JSE-listed construction group WBHO, iX Engineers, and Sizana Solutions, which has been partnering with Energy Vault in Southern Africa since 2019.
/by

Competitiveness concerns could scupper once-in-century potential for South Africa to reindustrialise

The global and local renewable energy transition is presenting industries, and South Africa, with a once-in-a-century growth trajectory to provide products and components into the value chains of renewable energy and battery energy storage systems (BESSs). During the second quarter of 2023, more than $1.7-billion worth of solar panels, inverters and lithium-ion battery systems were imported into South Africa, and this number excludes other components and parts.
/by

SolarSaver adding battery energy storage to two dairies in Creighton Valley

Solar photovoltaic (PV) installation company SolarSaver has added batteries to the existing grid-tied installation at Burnview Dairy to create a hybrid system. It will also add batteries to the Creighton Valley Cheese Company’s grid-tied installation to increase its output by 50 kW. SolarSaver completed a grid-tied solar installation at the Creighton Valley Cheese Company during 2020.
/by