World Bank To Invest $1 Billion Towards Battery Storage
The program will also support large-scale demonstration projects for new storage technologies suitable for developing countries’ needs - such as batteries that
are long-lasting, resilient to harsh conditions and high temperatures, and that present minimal environmental risks. The new program will also convene a global
think tank on battery storage, bringing together national laboratories, research institutions, development agencies and philanthropies to foster international
technological cooperation and training that can develop and adapt new storage solutions tailored for the needs and conditions of developing countries.
Source: Mercom India, Sep 28