The African Development Bank (AfDB) has approved a grant of a grant of US$2.5 million to the government of Mozambique for feasibility studies into a floating solar PV farm and up to 10 energy storage systems.
A solar and storage project totalling 20MW has entered commercial operation in Malawi, which the companies involved say is the first grid-connected utility-scale co-located project to do so in sub-Saharan Africa.
US Trade and Development Agency (USTDA) funding has been allocated to feasibility studies for large-scale battery storage projects co-located with wind power in Senegal, west Africa and Mozambique, in southeastern Africa.
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.
The US Trade and Development Agency (USTDA) is continuing its mission of funding priority development projects in emerging economies, this time by signing two grants that leverage US technology and investment to increase access to affordable, reliable electricity in Kenya.