China-based, energy storage-focused lithium-ion battery manufacturer Hithium has raised US$621 million from private investors.

In June, Japanese renewable energy developer Pacifico Energy made the first trades from BESS assets in the country’s power markets.

Synergy has begun its second large-scale battery project in Western Australia as the company’s first nears its start of commercial operations.

Australian renewables and storage developer Genex Power has switched on its first battery storage project and entered a joint development agreement (JDA) with Japan’s J-Power.

Vietnam’s VinES Energy Solutions has partnered with SolarBK to promote the integration of battery storage with rooftop solar PV.

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.

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.

Milestone reached in utility-scale battery storage market development in Japan, with Pacifico Energy trading energy from two new projects.

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.