RE: 15.0021 Oct 2020 16:06
When people are talking about the domestic market for BMN, they should note and/or realise that the domestic market for VRFB is much bigger then purely Eskom. As part of Eskom sorting its supply issues out and SA transitioning to renewables, municipalities and private businesses have been green-lit to become energy producers. That means a proliferation of renewables, energy storgae and mini-grids is on the cards.
This is why BMN mentioning project development is far more than just Fortune describing part of the offer they can provide to Eskom , this is also about two new domestic markets and the role that Bushveld can play within them.
For a recovering SA, it seems pretty logical that you would want to kill two birds with one stone, secure stable energy supply and support domestic businesses with technology that incorporates locally sourced Vanadium, and helps to create employment and generate tax receipts.