Battery Storage
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, African Rainbow Energy, have reached financial close on the 153 MW/612 MWh Red Sands battery energy storage project (BESS) in South Africa. The project is Africa’s largest standalone BESS facility to reach financial close. Signing of the project […]