A framework for the “development, utilisation and commercialisation of energy storage systems” in the Philippines has been passed by the House of Representatives.
LG Energy Solution will keep global battery cell production at around 300GWh in 2026, while increasing its proportion of supply for energy storage system (ESS) applications.
Taiwan-headquartered developer and services provider HD Renewable Energy (HDRE) is targeting further overseas expansion in 2026, with energy storage set to play a major role.
The battery storage industry’s race for higher energy density should be put into a site-level perspective, rather than focusing solely on larger cells.