Balancell expands plant tenfold; seeks govt backing for energy storage industry

Energy storage company Balancell is moving into a new R80-million factory in Ndabeni, Cape Town, as the business gears up to grow its capacity roughly tenfold, says chief commercial officer Ian Pieters. The lithium ferro-phosphate battery assembler’s previous plant was limited to 250 MWh capacity a year, with the new facility scaling that up to between 2 GWh and 3 GWh a year.