And people are selling ?????14 Jun 2018 18:40
Commenting on this milestone, Christo Fourie, Head of the IDC's New Industries Strategic Business Unit, said:
During the next year we will support the deployment of multiple "pilot" energy storage installations in collaboration with local or international project partners and technology providers to demonstrate the stacked advantages of energy storage solutions at a distribution level (capital deferral, security of supply, densification solutions, mini grids for new electrification, ancillary services, etc.).
We believe that this first pilot installation in partnership with Bushveld Energy and Eskom will demonstrate that energy storage solutions do offer a financially attractive proposition and create the opportunity for a new local industry to be developed through which local mineral resources can be beneficiated and jobs can be created."