World Bank Group has set up a “global international partnership” to support the deployment of energy storage in developing countries, just a few months after committing a US$1 billion sum to the sector.

Over the next five years, a US$50 million pot will be invested to promote a sustainable supply chain for lithium, graphite and the other minerals and metals

The World Bank’s groundbreaking US$1 billion loan for Indian solar will partly focus on improving transmission for solar parks and innovation in wind and energy storage hybrids, according to a senior government official.

Battery storage and pumped hydro projects in India, in this edition of news in brief from around the world in energy storage.

IESA president Debmalya Sen talks us through the highlights and challenges of the past year, as India gets to grips with market development and acceleration.

Four projects have been selected in Peninsular Malaysia’s first programme to build large-scale battery energy storage system (BESS) facilities.

The World Bank’s International Finance Corporation has agreed a financing package for a 1GW solar PV power plant paired with 600MWh of energy storage in Egypt.  

A 100MW/400MWh BESS, the biggest project of its kind by output in Southeast Asia, has been welcomed into operation in Sabah, Malaysia.

Vena Energy has signed a battery storage supply agreement with CATL for a project which would export renewable energy from Indonesia to Singapore.