The Energy Storage Report 2024

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

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May 23, 2024
The World Bank and other financial institutions will provide a US$159 million package for a 250MW solar PV, 63MW battery energy storage system (BESS) project from UAE state-owned renewable energy developer Masdar in Uzbekistan.
July 7, 2023
The International Finance Corporation (IFC) has signed a US$400 million loan to ENGIE Energía Chile S.A. (ENGIE Chile) to fund the installation of new Battery Energy Storage Systems (BESS).
April 19, 2023
Development banks IFC and AfDB have financed co-located projects in Malawi and Eritrea which collectively total 25MW of energy storage.
February 2, 2018
IFC, a member of the World Bank Group, and the government of Canada have formed a financial partnership that will utilise public funding to generate private sector investments to spur renewable energy, including energy storage, in Sub-Saharan Africa.
February 7, 2017
Energy storage deployments in emerging markets could grow 40% annually over the next five years, from 2GW today to 80GW, but barriers include the lack of access to low-cost capital, a new report from the International Finance Corporation has found

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