The Asia-Pacific region’s transition away from fossil fuels requires a combination of digital innovation and environmentally-friendly energy technologies, writes Nicolas Ma of Huawei.
At COP28 last week, 11 countries joined a global consortium aimed at securing 5GW of battery energy storage deployments in low or middle-income countries.
Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.
Malaysian manufacturing firm Leader Energy has tied up with BASF Stationary Energy Storage to develop long-duration energy storage projects in southeast Asia using the sodium-sulfur battery technology of NGK.
A renewable energy subsidiary of the Philippine conglomerate Lopez Group has contracted for the deployment of battery energy storage system (BESS) resources at three geothermal sites.