News
24 April 2020

ADB helps finance $115m battery energy storage system in Mongolia

In:
Power, Renewables
Region:
Asia-Pacific

The Asian Development Bank has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS).The project will install 125MW of advanced BESS, making it among the largest battery storage systems globally. The...

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