China’s BESS surplus ushers bargains for IPPs
China’s domestic energy storage market contracted for the first time in H1 2026, with deployments dropping to 22 GW/59 GWh, while overseas orders surged 83%. For emerging markets like South Africa, this shift could usher in a period of cheaper battery energy storage system (BESS) technologies. South African independent power producers (IPPs) and commercial industrial…