BBOXX has successfully closed a US$50 million Series D funding round that will see the next generation utility company accelerate its global expansion efforts.
Wärtsilä remains tight-lipped on the exact location of a hybrid power plant including 100MW / 100MWh energy storage in Southeast Asia which will “leverage abundant wind and solar resources”.
Tokyo’s main power company is using blockchain distributed ledger technology to assess how customers on its new renewable energy tariffs could use solar, batteries and electric vehicles to trade energy via the grid.
The first solar-plus-storage microgrid in Asia to use Tesla’s Powerpack energy storage system is designed to end power reliability issues for a Philippines community, long used to losing light and productivity to brownouts.
SB Energy, the renewables arm of Japanese firm Softbank, and Mitsubishi UFJ Leasing are to develop a 102.3MW solar PV project combined with 27MWh of battery stroage in Hokkaido, Japan.
The world pipeline for energy storage on the utility side of the meter has doubled in the past year, reaching 3.4GW, according to new research by I.H.S.
Zinc-air battery-based energy storage system maker Fluidic Energy has received US$20 million in investment for projects in south-east Asia from a private equity fund which includes the Asian Development Bank as a partner.
Bloomberg New Energy Finance (BNEF) senior analyst Logan Goldie-Scot discusses with Energy-Storage.News drivers for the recent uptick in storage across the globe, as well as insights on why America has an ideal regulatory approach to storage technologies, the recent UK tender, and the potential of dynamic markets in Asia Pacific.
India’s transport minister Nitin Gadkari has called on Tesla to set up an Asian manufacturing hub within India and even offered land near major Indian ports to facilitate vehicle exports.
Japan-headquartered trading company Marubeni Corporation has entered into an agreement with EnerG2 to secure exclusive Asia distribution rights to the Seattle-based manufacturer’s advanced carbon materials, intended for energy storage devices.