Developers of battery storage projects across Southeast Asia must heed lessons learned elsewhere and engage with key stakeholders as early as possible, Energy-Storage.news has heard.

The NSW Energy Security Corporation has deployed its first investment, committing AU$100 million to a large-scale battery storage platform.

What is driving and shaping European BESS project financing and M&A this year?

The Czech Republic’s fourth pumped hydro energy storage plant is to be built within an existing hydropower complex, converting convention run-of-river into reversible units, creating 750MWh of energy storage capacity.

RWE Renewables Australia has officially opened the 50MW/400MWh Limondale battery energy storage system (BESS) near Balranald in south-west New South Wales.

Sembcorp Industries has completed its acquisition of Alinta Energy at a value of AU$6.5 billion (US$4.32 billion).

A ‘staged approach’ to implementing the EU Battery Passport could be essential if Europe is to improve its battery supply chain.

‘We are walking with open eyes into new dependencies,’ said ReCharge’s Ilka von Dalwigk at the Energy Storage Summit.

The inertia market could be a significant contributor to the German energy mix, despite the challenges that remain.