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ADB to Lend $100 Million for a 125 MW Battery Energy Storage System in Mongolia

The total cost of the project is $114.95 Million

April 30, 2020

/ Anjana Parikh
/ Energy Storage, Finance and M&A
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The Asian Development Bank (ADB) has approved a $100 million loan to help expand its supply of renewable energy in Mongolia through a 125 MW advanced battery energy storage system (BESS).

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Anjana Parikh

More articles from Anjana Parikh.
Asian Development BankBESScapacityinstallMongoliaProjectRenewable Energy
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