From March 18th to 20th, Solar & Storage Live Africa 2024 was successfully held in Johannesburg. This is one of the largest and most influential energy industry events in South Africa, where exhibitors from more than 40 countries gathered together, and the number of visitors exceeded 20,000 people. Powealthy presented the iterative version of its products and solutions at the exhibition, aiming to provide green energy support for the African continent and accelerate the layout of renewable energy.

1. Tapping into the Demand for Energy Storage to Facilitate Transformation and Development

Although solar power has been booming in South Africa, where power shortage has been prominent in the past two years, its rapid growth has had an impact on the peak of electricity consumption and peak demand, and South Africa should next consider how to use and store energy to solve this problem. Given this, according to the "Energy Storage Industry Series Report No. 2" published by BOC Securities in April 2023, in the World Bank forecast, South Africa's battery storage market is expected to grow from 270MWh in 2020 to 9.7GWh in 2030 in the neutral scenario, with a compound annual growth rate (CAGR) of 43%. It is expected to grow to 15GWh in the best-case scenario, with a CAGR of about 49%.

2. Product Solutions that Accurately Meet Market Demand

Considering the instability of the public power supply in South Africa, Powealthy has launched energy storage product solutions to meet the market demand in this exhibition. These products have attracted attention for their unparalleled flexibility, reliability and sustainability, with excellent on-grid and off-grid switching capabilities, ensuring stable and continuous power supply, and providing users with a worry-free power experience.

The core components of our products are lithium iron phosphate batteries from mainstream manufacturers and are equipped with a highly efficient and reliable PCS system to ensure that switching on and off the grid is completed within 20 milliseconds. Under the continuous load shedding and power limitation between Stage 4 and Stage 6 in South Africa, the service life of these energy storage products can be up to 8,000 cycles, which fully meets the high standard requirements of the South African market for backup power.

Thanks to their excellent performance and stability, Powealthy's energy storage products have become the preferred solution for large-scale residential, small and medium-sized commercial and industrial sectors. They provide South African customers with reliable and efficient power protection solutions, helping them to easily cope with the instability of power supply and enjoy a peaceful and comfortable life.

3. Powealthy Energy, Spreading on the African Continent

It is worth mentioning that " Powealthy Energy" has sown the seeds of green energy in the African continent, including the Democratic Republic of the Congo. By participating in the development of the local green energy industry chain in Africa, Powealthy not only improves the local power supply situation, but also contributes to the promotion of sustainable energy development in Africa, and achieves good social and environmental benefits.

4. Constant and Unwavering, Building a Green Future Together

In the future, Powealthy will continue to be customer demand-oriented, uphold the concept of making new energy smarter, utilize its advantages in energy storage application technology and project experience, seize the opportunities in overseas markets, accelerate the global layout, provide customers around the world with comprehensive energy solutions tailored to meet the actual situation, and actively promote the transformation of sustainable energy, contributing more to the construction of a clean, low-carbon energy future. The exhibition in South Africa has come to an end, but the exhibition is still in progress.

Although the exhibition in South Africa has come to an end, the journey of Powealthy is continuing, and we will witness more excitement in Dubai at the next stop.