Grants are proposed to cover up to 50% of the cost of the storage component, whose capacity in MW must be equal to between 30% and 50% of the wind or solar project. The proposed quota for the first tender is 570 MW of wind and solar, with 150MW/300MWh of storage capacity. Read MoreDownload files
Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems paired with existing renewable energy plants. Eligible projects will be remunerated by feed-in tariffs (FiTs) or net billing systems. From ESS News Read MoreDownload files
The Mauritius Long Term Energy Strategy targets 35% of electricity generation from renewables by 2025. This work presents the modeling of the Mauritian energy system in the EnergyPLAN software to identify.
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This study evaluates the global warming potential (GWP) impact of producing lithium-ion batteries (LIBs) in emerging European Gigafactories. The paper presents a cradle-to-gate (CTG) life cycle assessment.
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Cyprus’ Ministry of Energy, Commerce and Industry has launched a subsidy scheme for energy storage systems paired with existing renewable energy plants. Eligible projects will be remunerated by feed-in tariffs (FiTs) or net billing systems. From ESS News Read MoreDownload files
January 2025 ESI has published recommendations for the Programme for Government highlighting the benefits of energy storage to Ireland’s energy security, electricity prices and decarbonisation targets..
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Potential funding options for the project include debt financing (e.g., international financial organisations, commercial banks), equity financing (e.g., capital investment), and project finance. Read MoreDownload files
African Export-Import Bank, or Afreximbank, has signed a heads of terms agreement to provide USD 4.4 million (EUR 3.80m) to support a 1-GW hybrid floating solar project on Lake Kariba in Zimbabwe. Read MoreDownload files
President Bola Tinubu has disclosed that the Nigeria-Grid Battery Energy Storage System will benefit from a planned $500 million facility from the African Development Bank (AfDB). Tinubu added that the system will provide electricity to 2 million Nigerians. Read MoreDownload files
Impact investment funds are directing capital towards storage projects with demonstrable environmental and social benefits, while green bonds are providing a dedicated financing channel for sustainable energy infrastructure. Read MoreDownload files
ZE Energy, a Paris-based renewable energy leader focused on hybrid solar and Battery Energy Storage Systems (BESS), has closed a €54M funding round led by Amundi Transition Énergétique, bringing additional investment from Demeter’s Climate Infrastructure Fund and longstanding partner Sorégies. Read MoreDownload files
The project is expected to cost about $725 million (1 trillion won) and will be awarded based on both pricing and non-price factors, such as contributions to domestic industry and battery recycling capabilities. Read MoreDownload files
