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World Bank Commits $1 Billion To #Battery Storage


 
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#1 eds

eds

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Posted 28 September 2018 - 11:50 AM

“Battery storage, can help countries leapfrog,
. . . to the next generation of power generation technology,
. . . expand energy access, and
. . . set the stage for:
. . . . . . much cleaner,
. . . . . . more stable, energy systems.”

The World Bank expects its
. . . $1 billion investment to mobilize a further
. . . $4 billion in concessional climate financing, and
. . . public and private investments.
Overall, the World Bank hopes the program will finance
. . . 17.5 gigawatt-hours (GWh) worth of battery storage by 2025

9-28-2018 Source: World Bank Commits $1 Billion To #Battery Storage

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