Energy storage could ‘drive development’ in emerging economies

February 7, 2017

Energy storage deployments in emerging markets could grow 40% annually over the next five years, from 2GW today to 80GW, but barriers include the lack of access to low-cost capital, a new report from the International Finance Corporation has found

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

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

View all benefits & pricing

Or continue reading this article for free

access to capital, bankability, developing countries, developing regions, emerging markets, ifc, international finance corporation, investment, latin america, low cost finance, microgrids, southeast asia, world bank group

Germany opening up inertia services for BESS, discussing grid fee reforms

May 21, 2025

Regulators in Germany are considering two big reforms that could improve the business case for BESS, while developer-operator Green Flexibility has announced its first major project.

Premium

Bushfires, foreign investment and a ‘proven track-record’: EnergyCo on energy storage in New South Wales, Australia

May 20, 2025

ESN Premium speaks with Chloe Hicks of EnergyCo about New South Wales’ Renewable Energy Zones (REZ) and its hopes for energy storage.

Our Next Energy launches US-made ESS products, American Energy Storage Innovations winding down

May 16, 2025

In a contrasting double-header of news for the US energy storage ecosystem, Our Next Energy (ONE) has launched US-made cells, modules and BMS while BESS manufacturer American Energy Storage Innovations (AESI) is winding down its business.

‘A sledgehammer disguised as a scalpel’: Republicans’ tax bill takes aim at clean energy incentives and ‘foreign technologies’

May 15, 2025

The Republicans’ budget reconciliation bill is starting to take shape, and US clean energy industry figureheads have sounded the alarm at its initial proposals to roll back the IRA’s measures and restrict foreign technologies.

Singapore flow battery maker VFlowTech secures US$20.5 million investment

May 14, 2025

Vanadium redox flow battery company VFlowTech has raised investment towards manufacturing, expansion and enhancement of digital capabilities.

Email Newsletter

Email Address

Firstname

Lastname

Company

Job Title

Company Activity

Country

Terms

I have read & accept Terms of Use and Privacy Policy.

Energy storage could ‘drive development’ in emerging economies

Enjoy 12 months of exclusive analysis

Or continue reading this article for free

Read Next

Germany opening up inertia services for BESS, discussing grid fee reforms

Bushfires, foreign investment and a ‘proven track-record’: EnergyCo on energy storage in New South Wales, Australia

Our Next Energy launches US-made ESS products, American Energy Storage Innovations winding down

‘A sledgehammer disguised as a scalpel’: Republicans’ tax bill takes aim at clean energy incentives and ‘foreign technologies’

Singapore flow battery maker VFlowTech secures US$20.5 million investment

Most Popular

Our Next Energy launches US-made ESS products, American Energy Storage Innovations winding down

California BESS legislation update: Progress for pragmatic approaches, not for the extreme

CBRE IM invests in Engie’s 2.4GW Texas and California BESS portfolio

Fluence grows US manufacturing footprint with Arizona factory opening

California’s battery storage installations grow to almost 16GW

Chile and China lead global BESS deployments in April

Email Newsletter