Recently, China Energy Engineering Corporation International Group, in conjunction with Zhejiang Thermal Power and Southwest Electric Power Design & Research Institute, won the bid for Africa's largest independent energy storage project: the Nefertiti 1000 MWh energy storage.
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Solar parks and grid-scale batteries are set to deliver significant new capacity to South Africa's grid in 2026. Several major renewable energy projects currently under construction will go live this year, according to industry organisation Sapvia.
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South Africa is rapidly embracing lithium-based energy storage solutions to address its growing energy demands and renewable integration challenges. With recent project biddings attracting global investors, the country is positioning itself as a leader in Africa's clean.
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A McKinsey analysis of three different future scenarios concluded that installed capacity for BESS could grow by about 50 percent annually in each one from 2022 to 2030 (Exhibit 1).
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