Who owns the Red Sands battery energy storage system?

Updated 1st July 2025 – The Red Sands Battery Energy Storage System (BESS), set to be Africa’s largest of its kind, has officially reached commercial close. Developed by Globeleq, which is 30% owned by Norfund, in partnership with African Rainbow Energy, the 153 MW/612 MWh project was signed off in June 2025 in Cape Town.

Who owns 153 MW & 612 MWh in South Africa?

Developed by Globeleq, which is 30% owned by Norfund, in partnership with African Rainbow Energy, the 153 MW/612 MWh project was signed off in June 2025 in Cape Town. It will be located in South Africa’s Northern Cape Province and occupies a five-hectare site.

How much power does Ndabeni battery assembler have?

The company has moved into the new R80-million factory in Ndabeni, Cape Town so as to gear up to grow its capacity roughly tenfold. The lithium ferro-phosphate battery assembler’s previous plant was limited to 250MWh capacity a year, with the new facility scaling that up to between 2 GWh and 3 GWh a year.

How much power does a lithium phosphate battery assembler produce a year?

The lithium ferro-phosphate battery assembler’s previous plant was limited to 250MWh capacity a year, with the new facility scaling that up to between 2 GWh and 3 GWh a year. “We were rated the fastest growing manufacturing business in Africa by the Financial Times for 2024.