South Korea’s Ministry of Climate, Energy and Environment (MCEE) has unveiled its KRW1,000 trillion (US$747 billion) Korean Green Transformation (K-GX) industrial strategy.

Sungrow has completed grid connection and full acceptance testing of a 108.4MW/215.6MWh grid-forming BESS in Cambodia.

Orix Corporation has begun construction of its first battery storage projects to be supported by external investment.

Sustainable infrastructure investor Actis’s renewable energy platform in Japan has closed financing on a 50MW/196MWh battery storage project.

Trina Storage, the battery storage arm of major Chinese solar PV company Trinasolar, has signed a 1GWh MoU to supply products in Japan.

Ayala’s ACEN Corp has loaned PHP9 billion (US$144 million) to subsidiaries within the group for renewable energy and battery storage projects.

Blueleaf Energy and Universal Peak have closed financing for a 100MW/400MWh battery storage project, which was one of four winning bids in a Malaysian government tender.

ESN Premium learns about Hong Kong’s role as a bridge between China and the world, from energy storage solution provider RelyEZ and investment promotion agency InvestHK.

Japanese utility Tokyo Gas has entered into a long-term offtake agreement for a 49.7MW/202.1MWh battery storage project in Fukushima Prefecture.

Hanoi Power Corporation (EVNHANOI) has begun pilot operation of five battery energy storage systems at substations in Hanoi, Vietnam.