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Asia & Oceania

Presentation of the company's targets and plan at Auto Shanghai, 2023. Image: PRNewsfoto/Contemporary Amperex Technology Co., Limited.

World’s biggest battery manufacturer CATL targets carbon neutrality across all operations by 2035

April 20, 2023
CATL has committed to a carbon neutrality plan, identifying five ‘key links’ in its value chain to implement emissions reduction measures.
Rendering showing Wärtsilä GridSolv Quantum BESS units with Origin Energy branding. Image: Wärtsilä / Origin Energy

Origin Energy to proceed with US$400 million battery project at retiring coal power plant in New South Wales

April 20, 2023
Work is set to begin “within weeks” on a BESS project at the site of a coal power plant in New South Wales, Australia.
While the 83% year-on-year drop sounds dramatic, Q1 2022 was an outlier due to the inclusion of LG Energy Solution's US$10.7 billion IPO which itself accounted for 83% of that quarter's total. Image: Solar Media using Mercom Capital data.

Corporate funding for battery storage companies slows down in Q1 2023

April 18, 2023
Corporate funding activity into battery storage companies in the first quarter of 2023 fell considerably year-on-year and quarter-on-quarter, according to research from Mercom Capital.  
Energy minister Chris Bowen (left) at Wallgrove, a 50MW/75MWh BESS project in Western Sydney, NSW, Australia. Image: Transgrid.

Australia had over 2GWh of large-scale battery storage under construction at end of 2022

April 18, 2023
Nearly double the megawatt-hours of large-scale BESS under construction in Australia by the end of 2022 compared to 2021.
Commercial rooftop solar installation in Vietnam, which has plenty of solar PV, but very little energy storage. Image: Sungrow

Asian Development Bank partnership prioritises Vietnam BESS rollout, Indonesia coal phaseout

April 18, 2023
Vietnam’s energy storage sector a priority for Asian Development Bank and Global Energy Alliance for People and Planet funds.
Battery energy storage system (BESS) equipment at the factory of Turkish system integrator Inovat. Image: Inovat.

Turkey begins energy storage licensing with over 200GW of applications received

April 17, 2023
Turkey pre-licensing energy storage facilities paired with renewables, with around 20GW expected to be granted within three years.
The ACT government posted this picture, described as a 'generic artist impression,' although regular readers might note the similarity of the units' design to those of Fluence's Gridstack and Cube products. Fluence is also working with Eku on its 400MWh project with Shell Energy. Image: ACT Government

Australian Capital Territory awards 500MWh BESS project to Macquarie-backed developer Eku Energy

April 13, 2023
ACT government has partnered with developer Eku Energy to deliver its flagship Big Canberra Battery project.
Fluence has delivered nearly 600MW of BESS in the Philippines to date, including this project for SMC Global Power. Image: Fluence.

ROUNDUP: Fluence in Philippines, Asahi Kasei’s US$100 million VC funds, Leclanché builds LeBlock

April 12, 2023
News in brief from around the word in energy storage with another edition of the Energy-Storage.news roundup.
The launch of MYBESS, with MITI's minister Aziz in the centre. Image: Citaglobal Genetec BESS.

Malaysia government minister welcomes country’s first ‘homegrown’ BESS solution

April 12, 2023
Locally-produced BESS product will support energy transition and boost industrial competitiveness, a government minister has said.
Tesla megapack shanghai Lin-gang Special Area Administration agreement 40gwh

Tesla chooses Shanghai for next Megapack factory; targets 40GWh production

April 11, 2023
Tesla will start producing Megapacks, its utility-scale energy storage product, from a new plant in Shanghai from Q2 2024.

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PowerChina begins construction of ‘world’s largest generation-side’ battery storage project

Zinc battery storage player Eos Energy receives US$22.7 million from US DOE loan

Recurrent Energy’s 1,200MWh Arizona BESS reaches commercial operation

US renewables and battery storage developers Avantus, Arevon, and Clearway secure financing

US ROUNDUP: TerraFlow-Storion flow battery partnership, JinkoSolar’s distributed Massachusetts systems, Lightshift secures US$40 million

US energy storage to ‘retain momentum’ post-reconciliation bill, near-term rush to complete projects

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