Development banks invest US$83 million in 34MWh of storage projects in Guyana

June 21, 2022
LinkedIn
Twitter
Reddit
Facebook
Email

The Inter-American Development Bank (IDB) and Norwegian Agency for Development Cooperation are investing up to US$83.3 million in eight solar PV projects in Guyana with 34MWh of co-located energy storage.

The Latin America and Caribbean-focused bank is supporting the Government of Guyana with the deployment of the eight solar PV farms with a combined 33MWp power and 34MWh of associated energy storage, called the ‘Guyana Utility Scale Solar Photovoltaic Programme’ (GUYSOL). The non-reimbursable investment financing was approved by IDB last week (June 17).

The projects will be installed across three, separate electricity grids in the South American country serving 265,000 customers, and various IDB project documents provide more details. All the storage sites will be one-hour systems.

In the Linden Isolated Power System (LIS), which serves the second-largest city after the capital Georgetown, three solar PV plants totalling 15MWp will be installed with a minimum of 22MWh of battery storage. The Linden projects will have storage co-located on-site, described as “backup storage”, by the IDB.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Two solar PV plants totalling 8MWp with 12MWh of storage will be deployed in the southwestern Essequibo Coast Isolated Power System (EIS), although to what extent they are co-located has not been clarified.

Finally, some 10MWp of standalone PV will be deployed in the Demerara-Berbice Interconnected System (DBIS), in the east of the country, with no associated storage mentioned.

The projects will help utilities Guyana Power & Light (GPL) and the Linden Electricity Company Inc. (LECI) reduce emissions. GPL is a state-owned electricity provider serving the majority of the country.

The eight projects will contribute to lowering CO2 emissions, reduce the cost of running the electricity grid and support the country’s transition to renewable energy, it added. It will also help digitise the Essequibo and Linden electrical systems, moving them from manual systems towards real-time, automated monitoring and control, improving efficiency, reliability and stability.

The government is aiming to cut fossil fuel emissions by half by 2025 and 70% by 2027.

11 November 2025
San Diego, USA
The 2024 Summit included innovative new features including a ‘Crash Course in Battery Asset Management’, Ask-Me-Anything formats and debate-style sessions. You can expect to meet and network with all the key industry players again in 2025 from major US asset owners, operators, RTOs and ISOs, optimizers, software and analytics providers, technical consultancies, O&M technology providers and more.

Read Next

October 16, 2025
Fluence has announced a solar-plus-storage project in Arizona, while Greenflash Infrastructure adds to its Texas BESS portfolio.
October 16, 2025
Octopus Australia has acquired the Coleambally battery energy storage system (BESS), a 100MW/400MWh standalone project in development located in southern New South Wales.
October 15, 2025
A flurry of grid-scale BESS project progress totalling more than a combined 1.5GWh in the past week, from Renalfa in Bulgaria, Engie in Romania, Nala Renewables in Finland and Metlen in Greece.
October 15, 2025
Takeaways from the first day of Energy Storage Summit Latin America 2025, including the Chilean and Argentinian markets.
October 15, 2025
Publicly-owned energy company CleanCo Queensland’s 250MW/500MWh Swanbank battery energy storage system (BESS) has officially registered with AEMO and commenced its testing and commissioning phase.

Most Popular

Email Newsletter