development banks

January 17, 2023
The largest lithium-ion battery storage system in Bolivia is nearing completion at a co-located solar PV site, with project partners including Jinko, SMA and battery storage provider Cegasa.
October 20, 2022
The African Development Bank (AfDB) has approved a grant of a grant of US$2.5 million to the government of Mozambique for feasibility studies into a floating solar PV farm and up to 10 energy storage systems.
September 26, 2022
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).
August 1, 2022
South Africa’s primary electricity supplier Eskom has announced details of forthcoming major battery storage deployments.
June 21, 2022
The Inter-American Development Bank 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.
June 13, 2022
US development bank NADBank is providing a US$65.7 million loan for a co-located solar project with an 80MWh battery energy storage system (BESS) in Texas.
March 23, 2022
Island nations Mauritius and Barbados have both begun renewable energy procurement processes that involve energy storage.
December 24, 2021
A grant of €20 million (US$22.66 million) has been made to Namibia’s government-owned electric utility company for the development of the African country’s first grid-scale battery storage project. 
November 8, 2021
A US$57.67 million loan towards the development cost of large-scale battery energy storage system (BESS) projects will be made to South Africa’s public electricity utility Eskom by the African Development Bank. 
May 18, 2020
The Asian Development Bank (ADB) has signed a loan deal for its first wind energy-plus-battery storage project in Thailand, which is also the country’s first private sector initiative to combine the two technologies at scale.

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