The project forms part of the Battery Energy Storage System initiative announced by President Cyril Ramaphosa when he presented government's energy plan earlier this week.
The project forms part of the Battery Energy Storage System initiative announced by President Cyril Ramaphosa when he presented government's energy plan earlier this week.
The power utility said the contract is for the design, supply and installation as well as operating and maintenance for a five-year period. Battery storage capacity is required to supplement available energy, particularly for evening peak usage when electricity demand climbs.Eskom spokesperson, Sikonathi Mantshantsha, said the contracts were awarded to South Korean power giant Hyosung Heavy Industries and a wholly owned subsidiary of China’s State Grid Corporation, the Pinggao Group.
"This is the first part of the 500 megawatt BESS initiative announced by President Ramaphosa as part of the government measures to address South Africa's long-running electricity crisis." Mantshantsha said the project was designed to utilise large-scale utility batteries with the capacity of 1 440MWh per day and a 60MW solar photovoltaic capacity that will be implemented in two phases.It is co-financed by the African Development Bank, New Development Bank, the World Bank and the Clean Technology Fund.Eskom appoints service providers for its battery energy storage project pic.twitter.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LETTER: President’s note to self (and SA): fix EskomWhy has no-one thought of this before?
Read more »
'Reforms will accelerate the end of load-shedding': Eskom welcomes measures to resolve electricity crisisEskom has welcomed the announcement by President Cyril Ramaphosa on measures to resolve the electricity crisis.
Read more »
Ramaphosa’s energy plan will boost power generation industry: Eskom
Read more »
Eskom in talks to import power from BotswanaAs part of the energy-crisis response plan, the power utility will start importing power from neighbouring countries
Read more »
Eskom seeks partners for R1 trillion energy transition | Fin24Eskom said its energy-transition plan may require as much as R1.2 trillion of investment for new-generation and distribution capacity, with the bulk of the money expected to come from private investors. | Fin24
Read more »
Eskom needs R990 billion from private companies to shift to renewablesSouth Africa’s Eskom Holdings SOC Ltd. said its energy-transition plan may require as much as R1.2 trillion rand of investment for new-generation and distribution capacity, with the bulk of the money expected to come from private investors.
Read more »