Hyosung Heavy Industries and Pinggao Group are the first companies contracted to provide large lithium-ion batteries to Eskom for its massive battery energy storage system (BESS).
The power utility has told MyBroadband that Hyosung would provide 292MWh of storage while Pinggao would contribute 395MWh as part of Phase 1 of the project.
Founded in 1962, Hyosung is a motor and generating company headquartered in South Korea.
It recently acquired a transformer production facility from Mitsubishi in the United States for $46.5 million (R784 million). In South Africa, it hosts a sales and maintenance office.
Regarding energy storage systems (ESS), the company lists several projects on its website, including sites at steel factories and renewable energy plants.
Render showing Hyosung ESS
The other preferred bidder, Pinggao, is a wholly-owned subsidiary of China’s State Grid Corporation…
These companies will provide the first batteries for Eskom’s massive backup energy storage system
