World Bank approves funding for Botswana's first grid-scale BESS

Image: Shutterstock

The World Bank announced it had approved financing for Botswana's first grid-scale battery energy storage system as part of the agency's first lending operation to support renewabl...

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Uzbekistan to get Central Asia’s first renewable energy facility with utility-scale battery storage

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The World Bank on Tuesday (May 21) announced that it will support a 250-megawatt (MW) solar photovoltaic plant with a 63-MW battery energy storage system (BESS) in Uzbekistan -- Ce...

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World Bank working on proposal for $1 bn support to India's BESS, e-mobility sectors

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The World Bank and State Bank of India (SBI) are in talks for a $1 billion line of credit to aid the country's energy transition, according to media reports. The funds will support...

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Daily Shorts: UK gets a £10 bn clean energy investor, Banga wants harmful subsidies slashed, and more

Image: Empire Wind

Japan's Marubeni Corp signed a memorandum of understanding (MoU) with the UK government to invest 10 billion pounds ($12.3 billion) in clean energy projects over the next decade. T...

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World Bank, IMF pledge to work together on green transition

Source: IEA

The World Bank and the International Monetary Fund have pledged to work together to support the global green transition, besides issues such as combating climate change, helping co...

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