ESR, a Singapore-headquartered real asset owner and manager focused on logistics real estate and data centres, has signed an agreement to acquire 100% of Aquila Clean Energy APAC.
The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.
In this interview with Energy-Storage.news, Colin Koon Peng Ho of Banpu NEXT explains why policy certainty now outweighs cost in APAC battery storage investment decisions, and discusses regulatory barriers, supply chain localisation and the most attractive BESS opportunities.
APAC’s AI data centres look set to lock in a decade of coal and gas dependency, but long-duration energy storage can break that cycle, says Pavina Adunratanasee of ArkTerra Partners.