Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.

Energy Vault has secured a US licensing deal for its gravity energy storage technology and awards covering its other technologies there and in Southeast Asia, it said in its Q2 results.

Singapore has surpassed its 2025 energy storage deployment target, with the official opening of Southeast Asia’s biggest BESS.

There has been an uptick in energy storage investment in Southeast Asia, a region still largely powered by coal and experiencing high growth in population and energy demand. Andy Colthorpe speaks with companies working to establish a framework of opportunities in the region.

Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.

Electricity Market Authority confirmed the Southeast Asia region’s largest battery storage project on course for commissioning in November.

VFlowTech, a Singapore-based vanadium redox flow battery manufacturer, has signed an MoU with global liquid storage logistics group Advario.

What is thought to be Southeast Asia’s largest battery energy storage system (BESS) to date will be supplied to a solar PV-plus-storage project in Thailand by Sungrow. 

Energy storage can make a “positive contribution everywhere” in Southeast Asia, but the industry needs to be proactive in helping market regulators to understand the best ways to facilitate its role in their energy systems.