The World Bank recently approved a $20 million loan facility for Central Asian energy storage projects, with Khujand being a primary beneficiary. Tajik authorities envision scaling up to 500 MWh by 2030, potentially connecting with neighboring Uzbekistan's power grid.
[pdf] Portugal’s Ministry of Energy has announced that it has allocated €100 million ($104.2 million) to 43 energy storage projects which should be installed by the end of 2025. A total of 79 applications were vying for grant support secured under the country’s Recovery and Resilience Plan (RRP).
[pdf] The Red Sands project will be the largest standalone BESS to reach this stage on the continent, designed to store power during off-peak hours and release it when demand is highest—providing essential grid stability and flexibility for South Africa’s electricity network.
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