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Global Energy Storage Program
GLOBAL ENERGY STORAGE PROGRAM

BUILDING LOW-CARBON ECONOMIES

The Global Energy Storage Program (GESP) is the world’s largest fund dedicated to supporting renewable energy storage at scale in developing countries. By providing low-cost funding for breakthrough storage solutions, we help bring clean electricity to millions of people when they need it.

Breakthrough storage solutions

The rapid expansion in intermittent sources of clean energy such as wind and solar power must be matched by investments in energy storage to ensure communities get electricity when they need it most.

A funding window under the Clean Technology Fund, GESP is a first-of-its-kind investment program dedicated to pilot storage solutions for renewable power, supporting clean energy transitions, and ensuring that consumers have reliable and consistent electricity throughout the day and night. Working hand-in-hand with the Renewable Energy Integration program, GESP is crowding-in public and private funding to accelerate cost reductions, integrate renewable energy into grids, and expand energy access for communities in some of the poorest countries of the world.

Picture of GESP-WHY IT’S NEEDED

GESP Expected Results

472 MWh Energy storage
#46c1be

472 MWh of energy storage capacity installed

(Based on 6 projects reporting expected results out of 7 projects in total)

Power capacity installed
#ffc20e

242 MW of power capacity installed

(Based on 4 projects reporting expected results out of 7 projects in total)

GESP-supported policies
#cbdb2a

11 GESP-supported policies, regulations, codes, or standards adopted for energy storage issues

(Based on 1 project reporting expected results out of 7 projects in total)

GESP KEY DOCUMENTS

Picture of Keeping the Power On: Sparking Energy Storage Solutions in Developing Countries
Event Series

Keeping the Power On: Sparking Energy Storage Solutions in Developing Countries

May 12, 2021
Energy Storage
Learning Event

Energy Storage in Emerging Markets: The Next Frontier

Nov 05, 2019
Picture of Energy Storage: Supercharging Low-Carbon Development
Feature Story

Energy Storage: Supercharging Low-Carbon Development

Mar 23, 2020
Picture of Global Energy Storage Program Factsheet
Brochure

Global Energy Storage Program Factsheet

Jul 05, 2021
News
New Publication: Sharing Knowledge to Transform Energy Systems in Developing Countries
Jul 18, 2024
solar technician and energy storage units

GESP Projects

Picture of CTF in which this project is tagged
project
Clean Technology Fund (CTF), Global Energy Storage Program (GESP)
GESP: Battery Energy Storage System to maximize the use of surplus energy from a solar photovoltaic plant located in the Caracol Industrial Park of Haiti
Picture of CTF in which this project is tagged
project
Clean Technology Fund (CTF), Global Energy Storage Program (GESP)
GESP: Improving Power System Resilience for European Power Grid Integration
Picture of CTF in which this project is tagged
project
Clean Technology Fund (CTF), Global Energy Storage Program (GESP)
GESP: Innovative Energy Solutions for Health Service Delivery in Honduras
CIF Action Xina Solar One, Concentrated Solar Power Plant, Upington
project
Clean Technology Fund (CTF), Global Energy Storage Program (GESP)
GESP: Renewable Energy Grid Integration Program
Picture of CTF in which this project is tagged
project
Clean Technology Fund (CTF), Global Energy Storage Program (GESP)
Regional: GESP: Energy Storage Policy Support Program - Circular Lithium: Sustainable Battery Value Chain Solutions (Latin America & Caribbean)
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See Also

Picture of Just Transition Guidance Note Subtitle: Integrating Just Transition Objectives into CIF
Brief/Guidance Note
Just Transition Guidance Note: Integrating Just Transition Objectives into CIF Country Investment Plans and Projects
Aug 28, 2024
THE GLOBAL ENERGY STORAGE PROGRAM (GESP) LEARNING PLATFORM:
Brief/Guidance Note
The Global Energy Storage Program (GESP) Learning Platform: Sharing Knowledge to Transform Energy Systems
May 17, 2024
Picture of Global Energy Storage Program Factsheet
Brochure
Global Energy Storage Program Factsheet
Jul 05, 2021
Picture of Global Energy Storage Program Monitoring and Reporting Toolkit
Toolkit
Global Energy Storage Program Monitoring and Reporting Toolkit
Jun 15, 2021

Implementing Partners

Picture of African Development Bank
Picture of Asian Development Bank
Picture of European Bank for Reconstruction and Development
Picture of Inter-American Development Bank
Picture of World Bank
Picture of International Finance Corporation
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