Vietnam’s chemical giant Stavian invests $22 mln in manufacturing battery energy storage system
Vietnam’s chemical giant Stavian Group will invest $22 million in making battery energy storage system (BESS), in order to promote green and clean energy development and sustainable energy industrialization in the country.
Marubeni in ‘first of a kind’ Vietnam battery storage project with VinGroup
A green energy subsidiary of Japanese conglomerate Marubeni has brought online a megawatt-scale battery storage demonstration project in Vietnam. Marubeni Green Power Vietnam, a wholly owned subsidiary of Marubeni—one of Japan’s largest general trading ‘sōgō shōsha’ companies—partnered with Vietnamese counterpart VinGroup for the 1.8MW/3.7MWh lithium-ion (Li-ion) battery energy storage system (BESS) project.
Thailand to extend production timeframe for battery EVs
THAILAND will extend a production timeframe for battery electric vehicles (BEVs) and offer incentives for hybrid EVs to support the industry in South-east Asia’s automobile hub, its Board of Investment said on Wednesday (Dec 4).
Cooperation in developing battery storage and energy management solutions
Under the agreement, the parties will focus on implementing strategic areas of cooperation in green energy, including energy management and sustainable energy storage solutions. Through this agreement, the companies expect to contribute to promoting the reduction of net emissions to zero, towards a sustainable future.
Southeast Asia expands pumped hydro to boost energy storage
As Southeast Asia rapidly transitions toward renewable energy, countries across the region are investing heavily in pumped hydro energy storage (PHES) to enhance grid stability and support sustainable growth.
Thailand to add 3 more large-scale pumped storage hydropower plants
To mitigate the impact of intermittent wind and solar power generation, the Electricity Generating Authority of Thailand (EGAT) plans to invest 90 billion Thai baht (approximately 2.6 billion USD) in expanding pumped-storage hydropower plants at three dams.
Singapore could expand SE Asia’s biggest BESS and flow battery, launches VPP push
Singapore’s government and Energy Market Authority (EMA) have announced power sector and grid enhancements, including a possible expansion of Southeast Asia’s biggest battery storage plant.
Indonesia to export EV battery material to US next month, minister says
JAKARTA, Oct 18 (Reuters) – Indonesia plans to export nickel-based material used to make electric vehicle batteries to the United States next month, its energy minister said on Friday.
