The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

development finance

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.
November 24, 2022
A 50MW solar PV plant in Togo will be expanded to 70MW capacity, while grid-scale battery storage will also be added at the site.
November 18, 2022
New company deploying off-grid renewable energy solutions in Benin will carry out €8.5 million of electrification projects within a year.
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. 
June 14, 2021
The Indian Ocean island nation of the Maldives has begun tendering for 40MW / 40MWh of battery energy storage systems across several regions.

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