Indian solar PV module manufacturer Saatvik Green Energy is to enter the energy storage market through a newly launched subsidiary.

Daimler leads group of backers taking Sila Nanotechnologies’ total fundraising to US$295 million.

South Africa’s main utility Eskom said it has identified a need for as much as 2,000MW of energy storage on its networks, and has opened a testing facility to find the technologies most suitable.