lead acid battery storage project financing options in Ethiopia 2026

By GreenTech Insights · · >5 min read

How are lead-acid batteries regulated in Africa?

Disposal of the more common lead-acid batteries is regulated to varying degrees across Africa. In Kenya for example, the national environmental authority is the regulator on battery disposal. Developers can apply and get a licence to dispose of batteries itself, but the developer would require a recycling plant.

Why do African companies choose lithium-ion technology over lead acid batteries?

These companies shift the cost of technology ownership from end-consumers to the company. These companies often can access long term credit at more competitive rates than typical African consumers or businesses. As a result, they typically opt for lithium-ion technology over lead acid batteries.

Can lead-acid batteries reduce LCOE?

This is due to the forecasted 22% lower cost of lead-acid batteries . These cases illustrate that the potential in cost reduction for lead-acid batteries is small and has a small potential to reduce LCOE in future small scale mini -grids.

Why are lead-acid batteries so expensive to store?

Lead-acid batteries, which are still the most used energy storage technology in Africa, are expensive to store due to the maintenance required whether they are in use or stored in a warehouse. These costs, added to the relatively high capex, result in risk aversion and consequently to not hold large stocks of batteries.

How successful is the recycling of lead-acid batteries?

The recycling of lead-acid batteries is relatively successful, with very high shares of all batteries collected and sent for refurbishment or recycling. This is in part due to the profitable nature of lead recovery and recycling for batteries.

Are lead-acid batteries suitable for static energy storage?

Lead-acid batteries, which are suitable for consumer- and commercial level static energy storage, has largely been driven by the automotive industry. The exact configuration of the lead-acid BESS does not vary widely with a gel-type electrolyte or absorbent glass matt (AGM) configuration typically used.

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lead acid battery storage project financing options in Ethiopia 2026

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