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.

Development banks IFC and AfDB have financed co-located projects in Malawi and Eritrea which collectively total 25MW of energy storage.

Vietnam’s energy storage sector a priority for Asian Development Bank and Global Energy Alliance for People and Planet funds.

The Asian Development Bank is providing financing to Tata Power Delhi Distribution Limited towards a 10MWh pilot project in Delhi, India.

ACWA Power and the government of Azerbaijan have signed an agreement for a battery energy storage system in the central Asian country.

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.

New company deploying off-grid renewable energy solutions in Benin will carry out €8.5 million of electrification projects within a year.

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 Indian Ocean island nation of the Maldives has begun tendering for 40MW / 40MWh of battery energy storage systems across several regions.

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.