development finance

July 4, 2024
The European Bank for Reconstruction and Development (EBRD) will provide up to US$229.4 million to ACWA Power to develop a 200MW/500MWh solar-plus-storage project in Uzbekistan.
May 9, 2024
Regulatory approval has been granted for what is claimed to be India’s first commercial standalone battery storage project.
December 13, 2023
Key contracts have been signed for the first-ever grid-scale battery storage project in Namibia, signifying the African country’s dedication to modernising its energy infrastructure, according to a top local official.
December 5, 2023
At COP28 last week, 11 countries joined a global consortium aimed at securing 5GW of battery energy storage deployments in low or middle-income countries.
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.

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