development finance

November 29, 2023
Kenya Electricity Generating Company (KenGen) has been selected to carry out a battery storage pilot project, through a programme to increase electricity access funded by the World Bank.
November 16, 2023
Maldives is seeking input on flow battery-based energy storage systems for two of the country’s 1,192 islands.
November 13, 2023
Eskom, the public utility company of South Africa, has inaugurated a 20MW/100MWh battery energy storage system (BESS) aimed at mitigating the challenging situation facing the country’s grid.
June 26, 2023
Finance institutions GMO and PIDG will finance a first battery storage project in Senegal dedicated to frequency regulation, the first in the region, project developer Africa REN claimed.
June 22, 2023
Pacific island country of Palau has welcomed the commissioning of its first large-scale solar-plus-storage project, representing the largest power plant of its kind in the Western Pacific region.
June 8, 2023
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.
April 19, 2023
Development banks IFC and AfDB have financed co-located projects in Malawi and Eritrea which collectively total 25MW of energy storage.
April 18, 2023
Vietnam’s energy storage sector a priority for Asian Development Bank and Global Energy Alliance for People and Planet funds.
April 11, 2023
The Asian Development Bank is providing financing to Tata Power Delhi Distribution Limited towards a 10MWh pilot project in Delhi, India.
February 7, 2023
ACWA Power and the government of Azerbaijan have signed an agreement for a battery energy storage system in the central Asian country.

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