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 results showed that cutting wind and solar energy prices in Pakistan can allow the project to supply green hydrogen for less than $2 per kilogram. The project will cost around $2 billion and produce 150,000 kg of green hydrogen each day. Read MoreDownload files
A consortium of development banks including British International Investment (BII), the African Development Bank (AfDB) and the European Bank for Reconstruction and Development (EBRD) is providing $479.1m in financing for a 1.1 gigawatt (GW) solar power plant integrated with a 200 megawatt-hour (MWh) battery storage system in Egypt. 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
ATE Energy International Co. Ltd. announced that it has tendered for the "160MWh Battery Energy Storage System Project in Philippine" with SMGP BESS Power Inc. as the counterparty. The project, valued at USD 41,916,838, is set to begin in October 2025. 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
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 adoption of a constitutional energy reform in 2013 in Mexico opened the door for private investment in the electricity sector and directed the country towards a clean energy transition. However, the expanding role o.
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The most important funding programs for photovoltaics are the cost-covering remuneration for feed-in tariffs (KEV) and the investment contributions for solar power plants. Depending on the output and type of system, Photovoltaics in Switzerland are funded at the federal level by Pronovo. Read MoreDownload files
Switzerland's new €2 billion energy storage initiative isn't just another infrastructure project - it's a moonshot combining hydropower tradition with cutting-edge tech. Let's unpack why this project could become the Rolex of renewable energy solutions. Read MoreDownload files
