Ran into something similar with my cabin setup a while back and never fully got to the bottom of it.
Had two 12v AGMs wired in series for a 24v bank, with a Victron Battery Balancer sitting between them. Everything looked fine on paper but the balancer LED was flickering on/off rapidly — not a steady alarm, just this frantic switching that made me think something was genuinely wrong.
Turned out one battery was noticeably weaker than the other (different ages, my fault for mixing them). The balancer was basically fighting itself trying to compensate for a cell difference that was too far gone to fix properly.
Few things worth checking if you're seeing the same:
- Are both batteries from the same batch/age? Mixing old and new in series is asking for grief
- Check individual battery voltages under load — if they're diverging by more than ~0.1v regularly, something's off
- Victron's own docs suggest the balancer LED behaviour can indicate the balancer is actually working hard, not necessarily failing — but rapid on/off is a bit different to a steady indication
With a 2kw array through an MPPT 250/85 you've got plenty of charge coming in, so it's probably not a charge shortage issue. More likely a battery mismatch.
Anyone else had this with Renogy batteries specifically? Curious whether it's a quality consistency thing or just bad luck. My cabin's now on Fogstar lithium and the headaches basically disappeared overnight.