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

The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.

Gotion High-Tech aims to build gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.

Fluence said the company is on track to grow revenues by almost a third on “multi-year” basis, leading to breakeven EBITDA in 2024.

The Q4 2022 edition of our downstream solar journal, PV Tech Power, includes comprehensive coverage of efforts to diversify the supply chain.

Vanadium redox flow battery (VRFB) firm Invinity Energy Systems has secured a 15MWh order from industrial technology company Everdura in Taiwan, its largest to date.

The Philippines Department of Energy (DOE) and regulators are considering changing rules governing ownership of grid-connected energy storage systems.

ACWA Power and Indonesian state power company will investigate energy storage and green hydrogen projects in the Southeast Asian country.

Invinity Energy Systems has sold 2.2MWh of vanadium redox flow batteries (VRFB) for use in Taiwan.