Australia’s government has made a AU$100 million (US$66.35 million) investment into the Waratah Super Battery, part of a total AU$500 million capital raise by the project’s developer.
The Philippines has turned its focus onto transitioning its energy sector to larger shares of renewable energy. Carlos Nieto of ABB writes about how the company delivered a 60MW battery storage project in alignment with that aim.
Startup ZincFive, maker of a novel nickel-zinc battery for stationary storage applications, has brought its total investment raised since founding seven years ago to more than US$200 million.
Rondo Energy, which counts Bill Gates’ Breakthrough Energy Ventures among its investors, intends to scale up annual production capacity of its thermal storage tech to 90GWh.
Energy storage can enable decarbonisation of economies around the world and Asia-Pacific is no exception. Hendrik Bohne of Aquila Capital looks at the examples of two leading examples in the region.