Several Chinese companies active in the energy storage space have recently released their financial reports for H1 2025, with the majority posting strong growth. Their energy storage business segments have been a key driver of that growth.
China has published a national plan to promote large-scale energy storage facilities, encouraging investment and broader participation in the electricity market.
President of the Philippines, Ferdinand Marcos Jr., was in attendance as the country’s first ‘baseload’ power plant to combine solar PV and battery storage officially went into action.
Global energy storage technology and energy software services provider Fluence and ACE Engineering have opened a new automated battery storage manufacturing facility in Vietnam’s Bac Giang Province.
Singaporean renewable energy developer Blueleaf Energy has signed a memorandum of understanding (MoU) with Chemsain Sustainability to jointly explore developing a portfolio of up to 3GW of solar PV and battery energy storage systems (BESS) in Malaysia.