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.