The Philippines is set to become a “full-sized market” for energy storage within a couple of years, according to Wärtsilä’s director for the Australasia region.
The energy storage system integration division of Wärtsilä Corporation will deploy a large-scale floating battery energy storage system for a thermal power facility in the Philippines.
Hitachi ABB Power Grids will supply battery energy storage and smart controls to Singapore’s first virtual power plant (VPP), on a project aimed at validating methods for integrating more renewable energy onto the city-state’s electricity networks.
Wärtsilä has installed the first utility-scale battery storage project in Singapore and received an order from a customer in Southeast Asia for a further 90MW / 90MWh of battery storage.
Fluence has announced that it has been contracted to deliver a large tranche of projects in Southeast Asia, but has agreed with its customer not to reveal yet which country they will be located in.
Panellists at the opening day of Solar and Off-Grid Renewables Southeast Asia event in Bangkok warned that investors who come on board quickest are going to gain a huge advantage as solar-plus-storage starts to become viable at scale.
Zinc-air battery-based energy storage system maker Fluidic Energy has received US$20 million in investment for projects in south-east Asia from a private equity fund which includes the Asian Development Bank as a partner.
Electrifying low-temperature industrial heat and steam processes with renewables could reduce European Union natural gas consumption by 35 billion cubic metres-per-year, according to a report from the International Energy Agency (IEA).
