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Faraday International Energy Storage Challenge & leadership of the Ayrton Challenge on Energy Storage

IATI Identifier: GB-COH-10959095-GB-COH-10959095-TransformingEnergyAccess_FI_ESC_032023

Published on IATI
  • date_range Apr 01, 2023 - Mar 31, 2026
  • autorenew Implementation (Status)

The proposed programme, as part of the Transforming Energy Access (TEA) platform (and, more broadly, the Ayrton Fund portfolio), specifically aims to support clean energy delivery to poor households and businesses in sub-Saharan-Africa, South Asia, and the Indo-Pacific, directly addressing UN Sustainable Development Goal (SDG) 7 (Affordable and Clean Energy) and SDG13 (Climate Action). Working closely with other TEA partners and partners working in other programmes and projects across the Ayrton Fund portfolio, this will build on 3 years of Faraday Institution research, development and deployment under its existing TEA funding. The programme will be delivered through a research programme and supporting actions to develop and test new, cheaper, more sustainable and safer battery energy storage systems (BESS) to replace unsustainable diesel / petrol gensets, directly addressing the Ayrton Fund’s three core research, development and demonstration (RD&D) themes.

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Sectors:
  • Energy research

Participating Organisations

The Faraday Institution Academic, Training and Research Implementing
UK - Foreign, Commonwealth and Development Office Government Funding
Carbon Trust Advisory Ltd Private Sector Accountable

Transaction

Transaction Value Provider
Receiver
Type Date

Budget

6,208,511 USD
  • 950,964 GBP (Valued at Apr 01, 2023)
    date_range Apr 01, 2023 - Mar 31, 2024
  • 1,312,299 GBP (Valued at Apr 01, 2024)
    date_range Apr 01, 2024 - Mar 31, 2025
  • 2,736,735 GBP (Valued at Apr 01, 2025)
    date_range Apr 01, 2025 - Mar 31, 2026
access_time Updated on May 25, 2023 15:17:22