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Battery energy storage price joy in South Africa
Battery prices are plunging globally, with a recent auction for 25GWh of lithium-ion battery modules in China seeing bids as low as $51.6/kWh (R917/kWh) for four-hour storage systems.
According to EE Business Intelligence, the bids were about 30% below last year's average, and the price shifts are vital for South Africa.
Battery prices are plunging globally, with a recent auction for 25GWh of lithium-ion battery modules in China seeing bids as low as $51.6/kWh (R917/kWh) for four-hour storage systems.
According to EE Business Intelligence, the bids were about 30% below last year's average, and the price shifts are vital for South Africa.
