April 29, 2024

IEA says drop in storage battery costs will boost transition to renewables

The International Energy Agency (IEA) predicts that a significant decline in battery costs for energy storage over the next few years will accelerate the transition from fossil fuels to renewable energy, as reported on Apr. 25.
April 24, 2024

Sam Altman ventures into renewable energy to tackle data center power demands

Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.
October 13, 2023

VinFast to acquire VinES, invest India & Indonesia

Vietnam-based electric vehicle maker VinFast, which is deemed as Tesla's rival, is set to aquire a 99.8% stake in battery maker VinES from its founder Pham Nhat Vuong to ramp up its integration in the production value chain and competitive advantage.
October 12, 2023

Singapore renewables firm plans massive battery project in Indonesia

Renewable developer Morrison & Co. has begun discussions with possible partners for a massive battery project in Indonesia aimed at weaning Singapore off natural gas.
October 05, 2023

Philippines' EDC to pour $1 billion into geothermal energy storage

Philippines' Energy Development Corporation (EDC), a renewable energy subsidiary of conglomerate Lopez Group, adds 3 geothermal sites to deploy battery energy storage system (BESS).
September 06, 2023

This energy firm plans to import electricity to Singapore from Indonesian islands by 2030

Singapore’s Vena Energy is aiming to start construction for its 2 GW solar and battery project in Indonesia’s Riau Islands by 2026, and is plans to supply electricity to Singapore before 2030.
August 30, 2023

New tech may speed up development of carbon capture lithium batteries

An international research team has developed a new technology that accelerate the development of catalysts for lithium-CO2 batteries. These batteries are affordable devices capable of storing energy and capturing harmful emissions.
June 13, 2023

Chinese energy storage, battery firms mull big investments in Vietnam

Two Chinese manufacturers of energy storage systems and batteries are considering investments worth hundreds of millions of dollars in Vietnam, according to industry and government sources.
May 05, 2023

Total Eren, PLN sign PPA for 70 MW wind-battery power

Total Eren, Adaro Power and PJBI have signed a power purchase agreement (PPA) with PLN for a 70-MW wind farm equipped with a 10-MW battery energy storage system to be located in Tanah Laut in Indonesia.
April 26, 2023

Thailand selects 175 firms for renewable energy scheme

Thailand’s Energy Regulatory Commission (ERC) has selected 175 companies for the first phase of its renewables scheme. It has attracted massive interest, receiving proposals with a combined capacity of almost 17GW, more than three times its 5.2GW target.

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