
With an investment of $2 bn, the energy storage systems will commence operations in 2026 and will be the largest project in Latin America. The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems.

Will EBRD use InvestEU guarantee in Bulgaria?This is the first use of the InvestEU guarantee by the EBRD in Bulgaria. The Tenevo plant will add 238 MW of solar generation capacity to the Bulgarian national energy system, with a long-term plan to add on a 250MW capacity of behind-the-meter energy storage.. Is the EBRD a major investor in Bulgaria?The EBRD, a leader in climate finance, is a major institutional investor in Bulgaria. To date it has financed 297 projects in the country for over €4.5 billion.. How much will the EBRD invest in 2022 & 2027?Between 2022 and 2027 InvestEU guarantees worth €635 million will be leveraged by the EBRD to finance investments of up to €2.7 billion in eligible sectors.

Bolivia has embarked on a transformative $325 million solar electrification project aimed at bringing renewable energy to its rural communities.

There are plenty of ways to finance them, making lithium iron batteries a feasible option for business of all sizes. Outlined below are 6 great ways to fund a lithium iron battery project..

The 2026/27 BRA delivered historic capacity prices, reaching the FERC-approved price cap. The RTO-wide clearing price of $329.17/MW-day represents a 22% increase from last year’s BRA for 2025/26, which itself was an 833% increase from 2024/25.

“We currently see prices at around $60/kWh (cell price + shipping + currrent tariff); in 2026 the increase seen will come from the increase in tariff to 25%,” Iola Hughes, head of research at Rho Motion tells pv magazine ESS News. The tariff hike will take effect in January 2026.

The Board of Directors of CAF, Development Bank of Latin America and the Caribbean, approved US$110 million in financing for the development of the Chichas Solar Plant, a renewable energy project that reinforces Bolivia's commitment to energy transition and environmental sustainability.

Released quarterly, the ESS PFR offers a comprehensive four-year cost and pricing outlook for Lithium Iron Phosphate (LFP) and Nickel Manganese Cobalt (NMC) battery containerized systems.

The price of the cathode active materials in lithium ion batteries is a key cost driver and thus significantly impacts consumer adoption of devices that utilize large energy storage contents (e.g. electric vehicles)..

The latest reverse auction has resulted in a record low tariff of Rs 3.32 per unit for a “Solar + 4-hour ESS”. This tariff was achieved in a tender by SJVN Ltd for a project that includes 1200 MW of solar power combined with 600 MW/2400 MWh of energy storage.

“We currently see prices at around $60/kWh (cell price + shipping + currrent tariff); in 2026 the increase seen will come from the increase in tariff to 25%,” Iola Hughes, head of research at Rho Motion tells pv magazine ESS News. The tariff hike will take effect in January 2026.

The lowest bid came in at 4.99 NPR ($0.037) and the highest reached 5.55 NPR. Power generated from the plants will be sold to NEA for 25 years, with the successful bidder responsible for supplying the power via a power purchase agreement.