Over 40% of Cameroon's manufacturers report productivity losses from unstable power supply – a problem this project aims to solve. This grid-scale battery storage system utilizes cutting-edge lithium iron phosphate (LFP) technology, balancing safety with high cycle life.
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These commercial and industrial storage systems range from 20 kWh to MWh class, and due to their relatively high capacity and performance, they provide system services for solar batteries for commercial use, including electric vehicle charging infrastructure .
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On average, commercial and industrial energy storage systems cost between $320 and $480 per kilowatt-hour (system-level, installed). Medium projects (500 to 1,000 kWh): Approximately $360 to $440.
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Developed by Advance Green Energy AD, a Sofia-based company founded in 2024 by brothers Kiril and Georgi Domuschiev, the BESS represents a significant private investment of 147 million levs (approximately $85 million or €75.
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