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.
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.
Large-scale renewable energy power plant developers in the Philippines have been instructed to integrate energy storage into their proposed facilities.
Chinese battery manufacturer EVE Energy has secured a contract with the Malaysian government to deploy an AC/DC integrated 36MWh solar-plus-storage system at Kuala Lumpur International Airport (KLIA).