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.
The European Union’s European Investment Bank (EIB) has affirmed its commitment to supporting a “pan-European battery industry”, while plans of the UK’s first full cycle battery cell gigafactory have been unveiled.
Homeowners across Afghanistan are set to benefit from the country’s first pay-as-you-go (PAYG) home solar systems combined with energy storage batteries, being delivered in a pioneering new programme.