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The UK will invest £56 million in battery storage in South Africa

 Last Update: 2022-12-28
 Source: Internet
 Author: User

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Reuters news, during a visit to South Africa, British Prime Minister Theresa May promised to invest 56 million pounds for battery storage
in South Africa.

The UK will invest £56 million in battery storage in South Africa

Battery storage will enable South Africa to manage peaks and troughs in energy supply, storing energy from solar, wind and other renewable energy projects and then using it
when needed.

The investment came from a $5.
4 billion cleantech fund
in the UK.
The fund provides funding
for developing countries to scale up low-carbon technologies.

，

Reuters news, during a visit to South Africa, British Prime Minister Theresa May promised to invest 56 million pounds for battery storage
in South Africa.

Battery storage

The UK will invest £56 million in battery storage in South Africa

Battery storage will enable South Africa to manage peaks and troughs in energy supply, storing energy from solar, wind and other renewable energy projects and then using it
when needed.

The investment came from a $5.
4 billion cleantech fund
in the UK.
The fund provides funding
for developing countries to scale up low-carbon technologies.

，

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