Norwegian state-backed credit agency Eksfin is providing US$100 million in guarantees for three co-located energy storage projects in South Africa from renewable energy developer Scatec.

Renewable energy power producers Scatec has started building three co-located solar projects with 1.1 GW hours of energy storage in South Africa, after achieving financial close.

Renewable energy power producer Scatec has signed power purchase agreements (PPA) for three co-located solar and storage projects with 1.1GWh of energy storage in South Africa.

South African grid operator Eskom is close to finalising the launch of 832MWh of battery energy storage development, but eyes are on an even larger upcoming REIPPP-model procurement.

A US$57.67 million loan towards the development cost of large-scale battery energy storage system (BESS) projects will be made to South Africa’s public electricity utility Eskom by the African Development Bank. 

After a recent tender process, up to 1,300MWh of grid-connected energy storage will be deployed in combination with renewable energy in South Africa through a number of large-scale projects.

South Africa’s Ministry of Mineral Resources and Energy is conducting a fairly unique procurement programme for 2GW of energy capacity, to come from a “range of energy source technologies”. Clean Horizon head of market analysis, Corentin Baschet, spoke to Andy Colthorpe about what the “almost technology agnostic” tender aims to do and the type of companies and projects likely to be successful in it.

South Africa’s state-owned utility Eskom has unveiled its Distributed Battery Storage Programme at an event this week, committing to solar-plus-storage and energy storage projects totalling 1400MWh.

A mining operation in South Africa will start managing the cost of its consumed energy with the deployment of eight flow batteries from Primus Power.