World Bank Group invests $1 billion in developing and middle-income countries for battery storage

To increase the use of renewable energy in developing and middle income countries, the Wold Bank Group invests $1 billion. This money is meant for the battery storage to increase access and stability into energy.

The program wants to triple the amount of battery storage now available in all developing countries. World Bank Group President Jim Yong Kim calls this a “game changer”.

More on subsidies for solar in Tanzania? Read our article here.

Logo of the world bank group investing in battery storage
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