A new energy storage system will be built to offer multiple grid services such as voltage compensation, reactive power, frequency regulation services and renewable base load in South Australia.
Renewable energy firm Pangea Energy has signed an agreement with Celltube to build a 50MW / 200MWh energy storage system on grid scale level in Port Augusta.
The $200 million energy storage system will be integrated with a planned 50MW solar project at the same site.
Jubilee Metals Group plc (LON:JLP) is a diversified metals recovery company, focusing on the reprocessing of historical mine waste and surface materials. Their projects in South Africa include the Hernic Platinum Project, DCM Platinum & Chrome Project and the PlatCro Platinum Project.