Recurrent Energy is seeking a loan from financial institution North American Development Bank (NADBank) to fund the construction of a 100MW/200MWh standalone battery storage facility located in Maverick County, Texas.
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.
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.
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.
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.
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.
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.