An employee installs a Lithium-ion battery cell into a testing system in this arranged photograph taken at the Powervault Ltd. office in London, U.K. (Photographer: Simon Dawson/Bloomberg)

World Bank Offers $1 Billion for Batteries in Emerging Markets

(Bloomberg) -- The World Bank Group committed $1 billion to finance battery-storage systems in developing and middle-income countries, and expects its participation to attract another $4 billion in...