India’s Union Cabinet has approved US$ 19.3 billion Green Energy Corridor, including US$ 5.2 billion for 50GWh BESS through FY2032-33.

The World Bank will invest in a huge 4GW, 5.12GWh solar-plus-storage complex in Malaysia, part of a pan-Southeast Asian power grid initiative.

India’s growing energy storage industry shares the enthusiasm of its solar counterpart in welcoming the Modi government’s aims and ambitions, according to one industry veteran.