SA has potential to be real player in the battery energy storage system market

South Africa has the potential to develop at least one, and maybe as many as three, internationally competitive gigafactories for the manufacture of lithium iron phosphate (LFP) battery cells. This is the conclusion of a recent report undertaken for the non-profit and public benefit Localisation Support Fund (LSF) by Ernst & Young Advisory Services (EY-Parthenon). The biggest market will be the local manufacture of battery energy storage systems (BESS). Need and Demand