WeStore.Africa

Your battery energy storage financial model should clearly show: 1. Your technology lock-in period and risk --> is it better to pay double today for a 10-year warranty/ more cycles (Pro-rata replacement), or can a lower CAPEX mitigate your technology risk at a happy medium and generate a better NPV 2. What is your financial risk associated with end-of-life return and recycling of hazardous materials? Is your current option recyclable? Does it have residual value or residual costs amd what are they? 3. How will you mitigate battery capacity degradation (from 100% down to 60% capacity over the useful term) and how does that impact your battery utility, storage capability and the financial model based on the higher upfront CAPEX? 4. Can you readily augment in-application to improve capacity, performance and longevity over time or are you stuck with what you bought? These are some of the value propositions we offer at WeStore.Africa where we believe that there should be more to energy storage than just a shiny label. #energystorage #africa #technology #recycling #solarenergy #climateaction #batteries #lithiumbattery #leadacidbattery

Billion Rand Battery Westore Africa plans to establish and manage South Africa's largest privately-owned battery storage facility, representing a significant infrastructure investment in Energy Resilience to the tune of over one billion rand. Located in the Free State near Bloemfontein (Mangaung), this centralised energy storage asset is strategically positioned to capitalize on the concept of energy arbitrage. By storing wheeled energy, the facility aims to buy electricity during periods of low demand (and therefore lower prices) and sell it during peak demand times at higher prices, thus leveraging fluctuations in the electricity market for profit. The operation model of this battery storage facility draws an innovative parallel with the digital world, specifically mirroring the business models of server storage providers like Amazon Web Services. Similar to how these companies rent out server space to third parties for data storage, Westore Africa will contract out battery capacity to various entities. This approach allows for a versatile use of the storage capabilities, catering to a range of clients who require energy storage solutions but do not wish to invest in the infrastructure themselves. By doing so, Westore Africa not only introduces a new utility model into the energy sector but also provides a scalable and flexible solution to energy storage, akin to cloud storage services in the data domain. "We have secured our land parcel, about 30km outside of Bloefontein with existing warehouse space and up to an optional 75 Hectare additional land for solar PV and we will be initiating feasibility and regulatory processes shortly." says Neill Human, founder of Westore. Eskom customers on Time-of-Use tariff structures, IPPs and energy traders will all have the opportunity to contract storage capacity through wheeling mechanisms to leverage ever increasing energy cost structures and capitalise on TOU structures. Using advanced battery chemistry, augmentation models, and a future-proof technology strategy, WeStore.Africa has the lowest CAPEX cost and intends to apply their innovative strategy to change the game. AI image for illustration and effect only. #batterystorage #loadshedding

🌍 Exciting News in the African Energy Sector! 🚀 🔋 WeStore.Africa - Pioneering a Game-Changing Approach to Energy Storage! (www.westore.africa) As we stride towards a sustainable future, WeStore Africa is at the forefront, offering the most advanced lead-acid battery alternatives to lithium. This innovation is not just a technological leap – it's a promise of breaking the cost barrier in energy storage. Why is this a big deal? 💡 Affordability: Lead-acid alternatives significantly reduce costs compared to traditional lithium batteries. This means energy storage solutions are now more accessible than ever! 🌱 Sustainability: These advanced batteries are designed with eco-friendliness in mind, ensuring a greener footprint. ⚡ Accelerated Energy Access: For millions in Africa, reliable energy access is still a dream. WeStore Africa's approach is a giant leap towards turning this dream into a reality, fostering growth and development across the continent. 🤝 Collaboration: WeStore Africa invites partnerships and collaborations. Together, we can light up Africa and drive sustainable progress. Let's embrace this innovative journey and empower Africa with sustainable energy solutions! #EnergyStorage #SustainableEnergy #Innovation #AfricaRising #WeStoreAfrica