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ENERGY STORAGE PROJECT POLICY RISK ASSESSMENT

Athens Energy Storage Base Project

ELSEWEDY ELECTRIC secures Greece’s first large-scale battery energy storage project ● First standalone large-scale battery energy storage project in Greece to reach financial close, with a capacity of 50MW/100MWh. ● Omar Foda: This project represents a significant step forward for ELSEWEDY ELECTRIC as we grow our renewable energy portfolio and assist Greece in its pursuit of a sustainable energy future. [pdf]

South American project with energy storage

Sunny Power signed a 650MW PV project in Brazil in 2022, and also signed a 500MW distribution agreement with Brazil's SOL+Distribuidora last year.On January 12, BYD and Spain's Grenergy reached a procurement agreement for a 1.1GWh energy storage system for the world's largest energy storage project, the 4.1GWh energy storage project in Chile's Atacama Oasis, supplying it with 2,136 Magic Cubes. [pdf]

Kiribati 13 billion energy storage project

Through the installation of a solar photovoltaic and a battery energy storage system (BESS) and capacity building, the project will help the Government of Kiribati (i) expand access to clean energy; (ii) improve the reliability and climate resilience of service; (iii) reduce reliance on fossil fuels for power generation; (iv) reduce greenhouse gas emissions; (v) reduce the cost of power generation; and (vi) improve the capacity of energy sector stakeholders. [pdf]

Tunisia energy storage project deployment accelerates

This five-year program of US$430 million — including US$30 million in concessional financing from the Climate Investment Funds — aims to support the Government of Tunisia to deliver a sustainable, reliable, and affordable electricity supply by accelerating renewable energy deployment, strengthening the performance of the national electricity utility (STEG), and enhancing overall sector governance. [pdf]

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