The World Bank will invest in a huge 4GW, 5.12GWh solar-plus-storage complex in Malaysia, part of a pan-Southeast Asian power grid initiative.

Framework agreement signed between developer Vena Energy and suppliers to a cross-border clean energy ‘hybrid megaproject’ in Indonesia.

Energy storage’s role in enabling decarbonisation and economic growth was at the heart of discussions at Energy Storage Summit Asia 2023.

Singapore is set to create a US$25 million fund for energy storage, as part of a raft of strategic measures aimed at meeting “significant shifts” in the energy sector, which will also include investment in research for integration of solar and cutting times for grid connection.