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Bolivia's largest lithium-ion battery storage system is nearing completion on a shared photovoltaic solar site. According to the World Energy Trade portal, the project involves partners such as Jinko, SMA and the battery storage provider Cegasa. [pdf]. (Reuters) -Bolivia's election of centrist Rodrigo Paz is raising cautious hopes that a more market-friendly leader could pave the way for international investment in the country's ample lithium reserves after years of false starts under two decades of socialist rule. This represents roughly one-quarter of global lithium resources. . A major contract has been signed between Bolivia and Hong Kong CBC Investment for the construction of two lithium carbonate plants, strengthening the country's strategic position in the renewable energy sector. Bolivia has taken a decisive step in developing its lithium industry. 6GWh by 2025, an increase of 721% compared to 2020.