Renewable energy development company Kibo Energy has committed to buy, from energy storage system company CellCube, two vanadium redox flow batteries (VRFBs) for proof-of-concept energy storage projects. Kibo in May entered into an agreement to acquire a 51% interest in National Broadband Solutions (NBS) from Hasta Trust and to jointly assess and develop a portfolio of long-duration energy storage (LDES) projects in Southern Africa.
