Now is the moment for long-duration energy storage to become a key pillar of the energy transition, writes LDES Council CEO Julia Souder.

Commercial and industrial (C&I) energy storage can significantly lower electricity costs, increase efficiency, and aid decarbonisation, but customers’ safety concerns must be addressed.

Singaporean renewable energy developer Blueleaf Energy has signed a memorandum of understanding (MoU) with Chemsain Sustainability to jointly explore developing a portfolio of up to 3GW of solar PV and battery energy storage systems (BESS) in Malaysia.

The government of Indonesia has launched a programme that aims to build 100GW of solar PV and 320GWh of BESS in the coming years, mostly distributed across smaller projects in rural areas.

Ceylon Electricity Board (CEB), the main electricity company in Sri Lanka, has issued an RFP for large-scale BESS.

One of the world’s major players in solar PV is also becoming a well-known name in the energy storage system (ESS) space.

CATL, the world’s biggest lithium-ion OEM, saw flat ESS revenues in the first half of the year, but the extent to which this can be blamed on the increased US-China tariffs, if at all, is far from clear.

The power generation arm of Manila Electric Company (Meralco) is developing its second large-scale battery storage project.

Aboitiz Power has kicked off a 30MW hybrid battery energy storage system (BESS) project in the Philippines.

As we move through this decisive decade for clean energy, Asia’s energy storage market is stepping firmly onto the global stage.