“Policy and market frameworks must evolve” in ASEAN countries to unlock the full value of energy storage in the region’s energy transition, according to a new report.
The Japanese association of grid operators has selected 19 battery storage projects totalling 1,251MW in the third running of a national capacity market auction.
Solar PV and wind are now the cheapest sources of power, with co-located hybrids increasingly delivering round-the-clock electricity at fossil fuel-competitive costs in high-resource regions, according to a new report by IRENA.
The power generation arm of Manila Electric Company (Meralco), the Philippines’ largest private electricity distributor, has completed a grid-scale battery storage project.
Sumitomo Electric will supply a vanadium redox flow battery (VRFB) energy storage system to enable grid integration of wind energy in Hokkaido, northern Japan.
Vietnam’s government will “amend policies” to support production of clean energy technologies, a minister has said at the opening of a battery energy storage system (BESS) factory.