South African independent power producer Mulilo, which announced at the recent South Africa Investment Conference that it would be investing R15-billion in new renewables and storage projects, reports that it has achieved financial close on the 76 MW/304 MWh Mercury Battery Energy Storage System (BESS) project. Located near Viljoenskroon in the Free State, the Mercury BESS project was selected in December 2024 as one of eight preferred bidders under the second bid window of South Africa’s Battery Energy Storage Independent Power Producer Procurement Programme.
