CellCube bags proof of concept project order for South Africa flow battery rollout

LinkedIn
Twitter
Reddit
Facebook
Email

South African energy company Kibo Energy will procure two vanadium redox flow battery system pilot projects from CellCube, the first step in a larger rollout.

Kibo, which is listed on the London Stock Exchange, has committed to purchase two proof of concept (POC) projects from flow battery company CellCube (official name Enerox). Specifically, it will buy CellCube FB 250 – 1000 Vanadium Redox Flow Batteries.

The purchases relate to a five-year framework agreement between the two companies aimed at deploying 1GW-plus of CellCube’s batteries across countries in the Southern African Development Community (SADC) region, signed in May. The SADC comprises all 16 countries from South Africa up to the Democratic Republic of Congo and Tanzania.

Kibo mainly owns coal assets but is transitioning to green energy, and will play the role of project developer and integrator of the CellCube battery system.

Louis Coetzee, CEO at Kibo Energy, said: “The Company is at the moment completely focused on getting the various projects in its current portfolio past financial close and into production within the next 18 months as previously stated.”

“As part of this drive, the Company is focusing all its resources on operational matters and project delivery and will attend to certain non-essential corporate activities, like the previously announced planned share capital consolidation, at a later stage in the future if still deemed necessary at such a time.”

As part of their agreement, Kibo has conditional exclusive rights to the marketing, sales, configuration and delivery of Austria-based CellCube’s VRFBs for behind-the-meter microgrid applications, but not utility-scale projects.

It is targetting ICT towers, gated communities, shopping centres and commercial parks while both companies will review a bespoke renewable energy project microgrid pipeline.

Read Next

January 25, 2023
The first vanadium redox flow battery (VRFB) installation in Norway, a 5kW/25kWh system, was unveiled this week.
January 20, 2023
Ground operations for the aviation and space exploration sectors will be powered with the help of non-lithium battery technologies in Netherlands and Japan.
January 19, 2023
California utilities CPA and SCE have issued requests for microgrid and power resiliency projects using energy storage as the state continues to adapt to an increased risk of power shutoffs.
January 19, 2023
JSW Renew Energy Five has been given the official notice to go ahead with two large-scale battery storage projects it was awarded in a tender by the Solar Energy Corporation of India (SECI).
January 17, 2023
The vanadium flow battery sector received a boost this week with news of a rental partnership between Invinity and Dawsongroup plc, a new electrolyte plant in Germany and a whitepaper around the technology’s environmental impact.

Most Popular

Email Newsletter