development finance

May 14, 2026
Battery storage and pumped hydro projects in India, in this edition of news in brief from around the world in energy storage.
April 29, 2026
The European Bank for Reconstruction and Development (EBRD) will provide project financing for large-scale solar and storage projects in Egypt and Hungary, for project owners HAU Energy/Infinity Power and Renalfa respectively.
April 22, 2026
Zambia’s president, Hakainde Hichilema, attended the recent launch of the African country’s largest hybrid renewable energy project.
February 19, 2026
Ukraine’s government sees energy storage as a tool of strategic national importance as the country weathers Russian attacks and looks to the future.
December 19, 2025
The World Bank’s International Finance Corporation has agreed a financing package for a 1GW solar PV power plant paired with 600MWh of energy storage in Egypt.  
December 11, 2025
Two major Middle East and North Africa (MENA) region projects combining solar PV and battery storage have progressed in Saudi Arabia and Egypt through ACWA Power and Scatec, respectively.
December 10, 2025
AFC and public-private-partnership (PPP) Cabeolica have inaugurated 13.5MW of wind power generation and 26MWh of battery storage in Cape Verde.
December 8, 2025
The first of 46 solar minigrids planned in Angola has been inaugurated by João Baptista Borges, the African country’s Minister of Energy and Water.
December 2, 2025
The World Bank will invest in a huge 4GW, 5.12GWh solar-plus-storage complex in Malaysia, part of a pan-Southeast Asian power grid initiative.
October 31, 2025
The European Bank for Reconstruction and Development (EBRD) has provided US$142 million in financing for the construction of a 1GW solar and 1.3GWh battery energy storage system (BESS) portfolio in Uzbekistan.

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