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.

French renewable energy company Neoen has kicked off 200MW/400MWh battery project in Australia, its third under construction in the country.

A plan proposed by US president Joe Biden to invest US$2 trillion in infrastructure has been praised for “prioritising energy storage and policies that support the industry’s growth”.

Latest attempt to draft FiT rates comes under fire for absence of energy storage in its remit.

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.

An ‘electricity trading’ scheme to be launched by Reposit Power in Australia for residential energy storage system owners has been described by an analyst as “one of the most interesting examples” of software as a differentiator in the energy storage marketplace.

Infrastructure and engineering firm Black & Veatch and power conversion system maker Dynapower have signed an agreement to collaborate on energy storage, with a focus on grid-scale technologies.