Africa ’s largest standalone battery energy storage system (BESS) project, the 153 MW/ 612 MWh Red Sands project in the Northern Cape, has reached financial close, having raised some R5.4-billion in debt financing from Absa and Standard Bank.
We applaud the South African government’s commitment and dedication to the renewable energy procurement programmes. Battery energy storage will continue to play an important role in the energy transition, and we will continue to be at the forefront across our core markets,” says Scatec CEO Terje Pilskog.
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.
energy system," adds Alberto Gambacorta, GM and EVP Sub-Saharan Africa, Scatec. and Redstreet Funds owning 44.99% and a Community Trust holding 5%. Scatec will maintenance (O&M), and asset management (AM) services to the project. expected to be concluded by the end of Q1 2026. The project will be located in the Free State Province.
Our standardized photovoltaic power generation and energy storage products are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
The estimated total capex for the battery energy storage project is ZAR 2.2 billion (USD 120 million) of which Scatec’s EPC contracts account for approximately 80%.
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, …
South Africa signs off on 612 MWh Red Sands battery Described as Africa’s biggest standalone battery energy storage system (BESS) to reach commercial close, the …
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Africa’s largest standalone battery energy storage system (BESS) project, the 153 MW/ 612 MWh Red Sands project in the Northern Cape, has reached financial close, having …
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Globeleq’s Red Sands Battery Energy Storage Project Reaches Financial Close CAPE TOWN, 1 July 2025: Globeleq, a leading independent power company in Africa and its project partner, …
Scatec will receive payments under a 15-year agreement for making the storage capacity available for the National Transmission Company of South Africa (NTCSA) which will …
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