Cape town energy storage lithium battery factory

Where is Polarium's lithium-ion battery assembly plant located?

Swedish energy storage specialist Polarium has opened a lithium-ion battery assembly plant in Montague Park, Cape Town. The facility is the group’s third in the world, with a plant each in Mexico and Vietnam. The Cape Town plant will employ 200 people, and will supply mainly the local and rest-of- Africa telecommunications tower market.

Does ATC Africa have a lithium-ion battery bulk purchase agreement?

After having been strategic partners since 2017, ATC Africa signed a multimillion-dollar lithium-ion battery bulk purchase agreement with Polarium in 2021, securing thousands of lithium-powered backup solutions for ATC Africa’s markets over the coming years.

Does ATC have a lithium-ion battery bulk purchase agreement with Polarium?

ATC has signed a multimillion-dollar lithium-ion battery bulk purchase agreement with Polarium, which will support a new energy storage manufacturing plant in South Africa while securing thousands of lithium-powered backup solutions for ATC’s Africa markets over the next few years.

Will afrivolt raise capital for a lithium-ion battery plant?

Naidoo says the lithium-ion battery cell plant is currently the subject of a due diligence process, with Afrivolt locked in talks with finance institutions to raise the required capital. Afrivolt enlisted European institutions to conduct the feasibility studies.

Are lithium-ion batteries more sustainable?

“We often have to provide uptime in markets with low power -grid availability, so we have generators that run to the side of our towers. Lithium-ion batteries are more sustainable and offer a longer lifecycle than other solutions.” Mclaren notes that the switch has allowed ATC Africa to save on the use of 95-million litres of diesel since 2018.

How many people will work at Cape Town telecommunications plant?

The Cape Town plant will employ 200 people, and will supply mainly the local and rest-of- Africa telecommunications tower market. The facility has a capacity of 300 000 batteries a year, equivalent to 4 GWh, to be assembled on three lines from imported cells. More than 90% of production will be exported to the rest of the continent.