"Speaking on the same platform, Bushveld Energy CEO Mikhail Nikomarov expressed optimism about the domestic market outlook, as well as the prospects for localising battery storage systems.
“Last year, the sixth largest battery market for residential batteries was South Africa and on the utility side, Eskom has got a large programme and, in the risk-mitigation round, everything that was not a [power] ship had a large battery tied to it and we will probably see a lot more in future,” Nikomarov highlighted, stressing that “batteries are already here” and the outlook is even more positive.
He also argued that South Africa could not only localise for its domestic needs but could also become an exporter of battery storage solutions in future.
“I know this because we are doing it ourselves with vanadium: yes, we’ve got the vanadium in the ground, but we can also make the electrolyte and we believe we can do the batteries here ourselves."
Nice find LB21, Looks like the Chinese are getting very serious about VRFBs. 2nd last para looks promising.
In order to achieve carbon peak and carbon neutrality, and strive to build a clean, low-carbon, safe and efficient energy system, energy storage has become an important technology and basic equipment to support the new power system. It is of great significance to promote the high-quality development of energy and support the realization of the goal of addressing climate change.
Among many energy storage technologies, the all-vanadium redox flow energy storage battery is due to its outstanding high safety, long service life, recyclability of vanadium electrolyte, zero attenuation of the battery, fast response speed and deep rechargeability. With the rapid development of advantages such as energy release, it is expected to become the preferred technology for safe, long-term and large-scale energy storage.
The signing of this strategic cooperation agreement will mean that Panzhihua Iron and Steel's vanadium and titanium (vanadium resources)-Dalian Borong (vanadium electrolyte)-Rongke Energy Storage (vanadium battery) will achieve the integrated development of the industrial chain. Through the combination of resources, technology and application, a new pattern for the development of all-vanadium redox flow energy storage batteries will be constructed and the rapid development of vanadium battery industrialization will be promoted.
NREL Study Shows a Bright Future for Energy Storage in South Asia05 Sep 2021 18:20
NREL Performed a First-of-Its-Kind Assessment of Opportunities for Grid-Scale Energy Storage in South Asia Over the Next Three Decades Aug. 30, 2021 By 2022, India's wind and solar power generation capacity is targeted to reach 175 gigawatts (GW). Beyond next year's target, the Indian government is planning to continue rapidly scaling clean energy markets over the next several years to achieve 450 GW of wind and solar by 2030. This will mean a 20% year-over-year growth in the country's wind and solar capacity between 2022 and 2030.........................
Johannesburg in SA seeks US $278m investment in solar, gas, battery storage projects03 Sep 2021 10:36
The city of Johannesburg in South Africa is seeking US $278m investment in solar power, and gas-fired power storage projects in bid to improve electricity supply in the city.
The investment is set to foot construction of a 150MW solar plant, 50MW of rooftop solar panels and the refurbishment of an idle gas-fired plant that could generate 20MW. It will also see the installation of 100MW of battery storage.
RE: Cellcube offtake agreement with US Vanadium03 Sep 2021 10:34
Just to give a rough indication of how small 200MWH of electrolyte may be in the big picture about to unfold... it is merely 5 x 10MW 4 hour duration (40MWH) or 2.5 x 10MW 8 hour duration (80MWH) BESS systems. The total SA Eskom/World Bank BESS projects require 1440MWH, about 900MWH of which are in phase 1 packages 1,2 & 3. These are completely separate from the Risk Mitigation and other bid windows 5 & 6. Then factor is the private sector, mines and processing plants etc.
Can't see much of BMN's electrolyte needing to be shipped too far once Mikhail shows what's under his kilt.