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220 MILLION GOVERNMENT SUBSIDY

How much is the subsidy for the Mozambique energy storage project

How much is the subsidy for the Mozambique energy storage project

Financed by a $100 million grant from the World Bank’s International Development Association and supplemented by an additional $31 million from the Mozambique Energy for All Multi-Donor Trust Fund—comprising $13 million from the Government of Sweden and $18 million from the Government of Norway—the project aims to transform the lives of households, businesses, and health and education facilities across urban, peri-urban, rural, and deep rural areas. [pdf]

Government subsidies for chemical energy storage projects

Government subsidies for chemical energy storage projects

Title 17 Clean Energy Financing Program’s Innovative Energy and Innovative Supply Chain category (Section 1703) can provide financing for deployment of storage technologies, or supply chain projects supporting energy storage, that use innovative technologies or processes; if qualifying storage projects receive meaningful support from a State Energy Financing Institution, they do not need to be innovative. [pdf]

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