The government of Malaysia has unveiled the next round of its Large-scale solar (LSS) program tender seeking 2.5GW of solar PV co-located with 1.25GW of battery energy storage system (BESS) capacity.
Electricity sector regulations in Thailand require significant reforms to support the use of energy storage as a critical tool for renewable energy integration.
New market rules will encourage investment in energy storage as a key component of Thailand’s national energy vision, according to the country’s energy ministry.
Developers must use all the tools at their disposal and be aware of the frontline climate risks that battery storage projects in Southeast Asia will be subject to.
“Policy and market frameworks must evolve” in ASEAN countries to unlock the full value of energy storage in the region’s energy transition, according to a new report.