The International Finance Corporation (IFC) has signed a US$400 million loan to ENGIE Energía Chile S.A. (ENGIE Chile) to fund the installation of new Battery Energy Storage Systems (BESS).
The government of Bangladesh and potential investors into energy storage in the South Asian country were handed a European Union-funded roadmap for the technology’s development last week.
South Africa’s grid operator Eskom has issued a procurement notice for two grid-scale battery projects totalling 36MW/146MWh of energy storage, while the state-owned company’s CEO resigned this week.
AES Andes, a utility operating in South America owned by AES Corporation, has revealed plans to convert 560MW of thermal power generation into a molten salt-based energy storage plant in Chile.
The US-based International Development Corporation (DFC) has provided a US$25 million loan for a solar-plus-storage project in Malawi with a 5MW/10MWh battery energy storage system (BESS).
Renewable developer Scatec and energy group EDF have signed a binding agreement with the government of Malawi to develop a hydropower plant with 309MW/7,000MWh of pumped hydro energy storage.
