In June, Japanese renewable energy developer Pacifico Energy made the first trades from BESS assets in the country’s power markets.

Milestone reached in utility-scale battery storage market development in Japan, with Pacifico Energy trading energy from two new projects.

Energy storage can enable decarbonisation of economies around the world and Asia-Pacific is no exception. Hendrik Bohne of Aquila Capital looks at the examples of two leading examples in the region.

Japanese conglomerate Itochu is launching its first grid-scale BESS project with utility Osaka Gas and finance group Tokyo Century Leasing.

A battery storage system made with second life EV batteries has been developed by carmaker Toyota and Japanese utility company Tokyo Electric Power.

Gotion High-Tech has continued recent moves into new markets across Asia, signing a deal with Japan’s Edison Power.

The European Commission has cleared an investment by Canadian pension fund BCI into Eku Energy, a new utility-scale BESS platform launched by Macquarie last year.

Sumitomo Electric will step up its VRFB business in the US, with plans to invest in local production and installation capabilities.

Automotive group Toyota and utility JERA have commissioned a battery storage system made up of lithium-ion, nickel metal-hydride and lead acid cells, something relatively novel in the sector.

A large-scale sodium-sulfur (NAS) battery energy storage system made by NGK Insulators will be installed at a former LNG terminal in Japan.