Energy storage could ‘drive development’ in emerging economies

LinkedIn
Twitter
Reddit
Facebook
Email

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

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

Read Next

October 13, 2025
Queensland’s Energy Roadmap 2025 suggests that by 2030, up to 4.3GW of short-duration energy storage could be operational.
October 10, 2025
Honeywell, LS Electric, esVolta, Sitetracker, PairedPower, PHNXX, and Energy Toolbase are collaborating on new initiatives to advance energy storage installations across the US.
October 8, 2025
Some quick snapshots from the presentations and panels at Energy Storage Summit Asia 2025, taking place this week in Manila, Philippines.
October 7, 2025
The Philippines needs to establish clearly defined rules for the market participation of energy storage systems (ESS), the chair of the country’s regulator has said.
October 1, 2025
In a recently published interview with Energy-Storage.news Premium, CEO and President of Prevalon Energy, Thomas Cornell, spoke about the global consequences of the budget reconciliation bill.

Most Popular

Email Newsletter