Bulgaria’s Ministry of Energy has approved €588 million in funding for 82 standalone battery energy storage projects, totaling nearly 9.7GWh of usable capacity. The final decision, announced on April 17, 2025, concludes a competitive selection process that began with 151 proposals in August 2024. [pdf]
These batteries will be used in the first and second phases of the Oasis de Atacama solar-plus-storage project in Chile, with a total installed capacity of 1GW of solar power and 4.1GWh of batteries, which will be the world’s largest energy storage project with a total investment of US$1.4 billion. [pdf]
[FAQS about 1gw energy storage project capacity investment]
The N$4.5 billion investment, largely backed by foreign direct investment, aligns with Namibia’s Vision 2030 and Green Hydrogen Strategy. During a site visit by a European Union (EU) delegation, HDF Energy director Nicolas Lecomte emphasised international partnerships in realising the project. [pdf]
[FAQS about Total investment in the Namibian power plant hybrid energy storage project]
Irish state-owned utility ESB on Friday inaugurated a 150-MW/300-MWh battery energy storage system (BESS) at its Aghada site in County Cork as part of its EUR-300-million (USD 317m) investment in battery projects at sites in Dublin and Cork. Author: Portland General Electric. [pdf]
Zambia is seeking US$11.6 billion in investments by 2030 to expand electricity generation and meet the country’s growing energy demand, authorities have revealed. Of this amount, US$9.5 billion is expected to be mobilised from private sector sources under the Mission 300 initiative. [pdf]
[FAQS about Zambia energy storage project investment]
East Africa's leading electricity generating company, KenGen, has launched a tender for a Design and Build Contract for its first solar plant with battery energy storage systems. The initiative is being funded by the French government. [pdf]
[FAQS about Kenya hybrid energy storage project investment]
Built with an estimated investment of €40 million (US$46.5 million), the project was funded by Africa REN, Dutch development bank FMO, and the Private Infrastructure Development Group (PIDG)—partially through its Emerging Africa & Asia Infrastructure Fund (EAAIF). [pdf]
[FAQS about Senegal energy storage project investment]
The project, considered the world's largest solar-storage project, will install 3.5GW of solar photovoltaic capacity and a 4.5GWh battery storage system. The project has commenced in November 2024. [pdf]
The Republic of Moldova will install a 75 MW energy storage system (BESS) and 22 MW internal combustion engines as part of a project funded by the U.S. Government through USAID. The Ministry of Energy has announced that a tender has been launched for this purpose. [pdf]
This ambitious project, spearheaded by the Barbados Electric Light & Power Company (BLPC), is a pivotal move towards the island’s transition to clean energy. By storing solar-generated power for use during peak evening hours, this initiative supports a more sustainable and reliable energy supply. [pdf]
The Troumassee Solar Farm, expected to be completed by November 2025, is a major component of Saint Lucia’s renewable energy strategy. The project will feature 25 megawatts (MW) of solar photovoltaic (PV) technology along with 50 megawatt-hours (MWh) of battery energy storage. [pdf]
The signed Memorandum of Understanding (“MoU”) between Hecate Global Renewables (HGR), Africa50 and the Ministry of Energy outlines a road map towards the development of 100MW renewable energy projects including BESS over two phases to expand the country’s electricity generation and supply infrastructure over the next years. [pdf]
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