SA still has time ‘to get in the battery game’
Recent regulatory changes will see commercial and industrial demand for batteries in SA take off, says Bushveld Energy CEO Mikhail Nikomarov
19 February 2023 - 17:20
Bushveld Energy will soon start producing vanadium battery electrolyte at its new facility in East London. The company’s CEO Mikhail Nikomarov said this was an important step in the company’s long-term goal to assemble battery systems locally.
Nikomarov, who is also chair of the SA Energy Storage Association, said recent regulatory changes will see the commercial and industrial demand for batteries in SA take off. This will create a lot of potential for localisation, which will become a “lost opportunity” if SA fails to “take advantage of this”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.