With South Africa holding 63,000 of the world’s estimated 69,000 metric tons of platinum reserves – according to the Statista.com website – and Russia and Zimbabwe a further 5,100 between them, the European Commission has cited the metal as an example of a potential supply chain bottleneck that could handicap its grand plans for renewables-powered hydrogen production.
840 million people still don’t have access to electricity today, according to the World Bank. But the radical decrease in the cost of the green technologies of solar and battery storage provides an unparalleled opportunity to close this gap and achieve universal electricity access by 2030.
The Minerals Council South Africa has urged the government to solve the country’s energy crisis by adding more power generation capacity from both distributed and large-scale renewables. Meanwhile, several mining companies operating in South Africa are planning their own big solar parks, including two 200 MW facilities under development by Sibanye-Stillwater and Vedanta.
Redflow has won a significant order of its ZBM2 zinc-bromine flow batteries for mobile phone tower sites across South Africa in a deal which should see the Australian energy storage company receive revenue this calendar year.
Wrapping up the year in which it established its wholly-owned manufacturing facility in Thailand, the Brisbane-based battery supplier says it is negotiating contracts with a number of customers, sharpening its focus on key target markets in Australasia, Asia Pacific and South Africa.
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