ABB supplies Southeast Asia’s largest battery energy storage system
With the global energy storage system market expected to reach $17.9 billion by 20271, battery energy storage systems (BESS) are emerging as the strongest solution to increase grid flexibility and reliability.
Indonesia says building $1.2 bln battery plant with S.Korea’s LG
State-owned Indonesia Battery Corporation (IBC) and South Korea’s LG will build a new battery plant worth $1.2 billion with the capacity of 10 gigawatt hours (GWh), Indonesia’s investment minister said on Monday.
Hitachi ABB Power Grids Provides Battery Storage Tech to Thailand
Switzerland-headquartered Hitachi ABB Power Grids Ltd. recently announced its selection by Impact Solar Limited, a subsidiary of Impact Solar Group, to provide Battery Energy Storage System (BESS) and controls technology to a “smart industrial park” project in Thailand, which is a part of the country’s largest private microgrid at Saha Industrial Park in Sriracha.
Thai plans for 8 GWh lithium battery gigafab
A Florida-based e-mobility company and a business park operator have pledged to invest up to $1 billion into the planned factory, in Chonburi province, starting with a 1 GWh section likely to take shape in 2023.
SEACEF invests in Vietnam solar and storage project
The South East Asia Clean Energy Facility (SEACEF), a collaboration of international foundations seeking to accelerate the low-carbon transition in Southeast Asia, has invested at the development phase of a floating solar and storage project in Dong Nai province in southeastern Vietnam.
Use of hydrogen touted as a solution to carbon neutrality for ASEAN
JAKARTA (April 14): Members of the Association of Southeast Asian Nations (ASEAN) and the East Asia Summit (EAS) need to bolster the use of renewable energy sources and work for energy sufficiency, as well as clean energy transition or decarbonisation. The Economic Research Institute for ASEAN and East Asia (ERIA) Chief Operating Officer, Hachiyama Koji […]
VPI, PVOIL partner in research on electric-vehicle battery, charging station
Hanoi (VNA) – The Vietnam Petroleum Institute (VPI) and the PetroVietnam Oil Corporation (PVOIL) have agreed to collaborate in the research on electric vehicle (EV)’s battery and charging station. Under the reached agreement, VPI is to assess the impact of energy transition tendency on Vietnam’s petroleum market, identify challenges and chances under the transition and […]
Philippines to host South East Asia’s first floating energy storage solution
The Philippines is set to host South East Asia’s first floating energy storage solution following the signing of a partnership deal between technology firm Wärtsilä and utility Therma Marine Inc.
