Results of an auction to procure large-scale energy storage to support the electric grid in South Korea will be announced in February.

System integrator Guoxia Technology has obtained approval for its main board listing on the Hong Kong Stock Exchange.

A 100MW/400MWh BESS, the biggest project of its kind by output in Southeast Asia, has been welcomed into operation in Sabah, Malaysia.

Utility Origin Energy has hired Wärtsilä to expand its battery storage installation at the Eraring coal power plant site in New South Wales, Australia.

South Korea’s Samsung SDI has signed its first US lithium iron phosphate (LFP) cell deal, while Chinese integrator Trina Storage has expanded an existing supply partnership.

Cell manufacturing overcapacity and intense competition contributed to an 8% decline in the average cost of lithium-ion battery packs, according to BloombergNEF.

The 600MW/1.6GWh Melbourne Renewable Energy Hub has commenced commercial operations in Victoria, Australia.

Vena Energy has signed a battery storage supply agreement with CATL for a project which would export renewable energy from Indonesia to Singapore.

A Western Australian government initiative to deploy the largest vanadium redox flow battery (VRFB) project outside China is a “pivotal moment,” one technology provider has said.

Vena Energy has commenced construction of a large-scale standalone battery energy storage system (BESS), adjacent to two of the company’s existing facilities, in South Australia.