Mongolia energy storage project tender announcement

What is a planned battery energy storage system for Mongolia?

A planned battery energy storage system for Mongolia will be the largest of its type in the world and provide a blueprint for other developing countries to follow as they decarbonize their power systems. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, Operations Manual L3.

Will ADB finance Mongolia's first energy storage project?

May 14, 2021: Mongolia’s ministry of energy announced on May 6 that it had received financing from the Asian Development Bank toward the cost of its first utility scale energy storage project. Part of this ADB financing will be used for payments under the contract named above.

What is the proposed project in Mongolia?

The proposed project in Mongolia, as outlined in the Country Operations Business Plan (2020-2021), aims to evacuate 610 GWh of annual renewable power; reduce 44 GWh of annual imported peak time electricity; and avoid at least 650,000 tons of CO2 emissions per year.