June 30, 2025
Globeleq, which is 30% owned by Norfund, has in partnership with African Rainbow Energy, announced the commercial close of the 153 MW/612 MWh Red Sands battery energy storage project (Red Sands BESS) in South Africa.
This project, located in the Northern Cape, is the largest standalone battery energy storage system in Africa to reach this milestone.
The Red Sands BESS will enhance South Africa’s energy infrastructure by storing energy during off-peak times and releasing it during peak demand periods, providing essential grid stability and support.
Jonathan Hoffman, CEO of Globeleq, stated, “Commercial close on the Red Sands BESS is a landmark moment for Globeleq and for battery storage in Africa.”
Mr. Gjermund Sæther, the Norwegian Ambassador to South Africa is pleased with this news:
“The Red Sands battery storage project’s successful commercial close highlights the importance of international cooperation and public-private partnerships in tackling energy security and promoting a sustainable energy future. Both in terms of energy security, affordability and climate concerns, this project is a milestone. Norway is one of the largest investors in renewable energy in South Africa through Globeleq, Norfund and private companies. The strong partnership between Norway and a democratic South Africa, dating back to our support for the liberation struggle, continues to evolve into the future.”