Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

Vietnam’s energy storage sector a priority for Asian Development Bank and Global Energy Alliance for People and Planet funds.

News in brief from around the word in energy storage with another edition of the Energy-Storage.news roundup.

Locally-produced BESS product will support energy transition and boost industrial competitiveness, a government minister has said.

It is “vital” that energy storage systems are incorporated into the energy infrastructure of the Philippines, president has said.

Sembcorp has pulled the plug on Indonesia solar-plus-storage project, shortly after completing Southeast Asia’s biggest battery storage project.

Adopting an “agile working method” without taking any shortcuts on safety or other standards was crucial to DNV testing and certifying a 200MW battery project in Singapore in “record time”.

Proposed changes to rules and regulations will strengthen the Philippines’ position as leading energy storage market in the ASEAN region.

Singapore-based VFlowTech has raised a US$10 million Series A to set up a manufacturing facility and scale up production of its 250kWh vanadium flow battery product.

Singapore has surpassed its 2025 energy storage deployment target, with the official opening of Southeast Asia’s biggest BESS.