India has committed to helping fund 4,000MWh of battery storage in its Union Budget and will come up with support mechanisms for pumped hydro.

India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.

A UK company has received funding to explore potential sites in India for demonstration of its proprietary gravity energy storage technology.

Greenko will provide 1,500MWh pumped hydro energy storage in India to back Serentica Renewables’ round-the-clock renewable energy offering.

Pumped hydro energy storage (PHES) is one of the strongest candidates for long duration energy storage. As the UK’s energy demand increases, it is becoming paramount to have sufficient levels of renewable energy storage available to cater for this.

Riyadh-based Tdafoq Energy will distribute Indian firm Delectrik Systems’ vanadium redox flow battery products in Gulf Cooperation Council (GCC) markets and set up a manufacturing facility in Saudi Arabia.

The Solar Energy Corporation of India (SECI) is seeking proposals for non-battery energy storage projects to supplement renewable energy generation, and will cover up to 100% of project costs.

Liquid metal battery company Ambri is to deliver a pilot system to Indian conglomerate Reliance Industries, which invested in the company last year.

Recent policy developments in the US and European Union represent a considerable uplift to prospects for global energy storage deployment.