This project is Central Asia’s first wind power facility with a utility-scale battery energy storage system. The financing package includes $25.4 million from ADB’s ordinary capital resources and $25.4 million from the Leading Asia’s Private Infrastructure Fund 2, administered by ADB.
[pdf] While Chinese companies like BYD and CATL dominate Cuba’s battery imports, local innovators are punching above their weight. The University of Havana’s nickel-zinc battery prototype (using mined local nickel) could cut costs by 30%.
[pdf] The Serbian battery manufacturer ElevenEs secured the investment from EIT InnoEnergy, a sustainable energy innovations supporter, to build a 100 per cent renewable energy-powered LFP battery factory in Subotica. The construction is scheduled to start in 2024.
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