Vietnam needs to issue policies to encourage and manage Battery Energy Storage Systems (BESS) for renewable projects to ensure a stable power supply, a foreign expert has advised.
Rondo Energy, developer of the Rondo Heat Battery, announced it has partnered with Siam Cement Group to expand its factory to a 90 GWh capacity. The Thailand facility currently produces 2.4 GWh of industrial heat batteries and is planned to be expanded to the largest battery factory in the world.
Rida Mulyana, Secretary General of the Energy and Mineral Resources Ministry, claimed that electric vehicles can save customers up to Rp2.77 million on fuel expenses per year. Not only is it beneficial to the public, the use of electric vehicles also reduces the government budget.
Indonesian President Joko Widodo or Jokowi said the country’s first factory for electric vehicles or EV batteries will be constructed in the industrial park area (KIPI) in North Kalimantan.
TEMPO.CO, Jakarta – PT SGMW Motor Indonesia (Wuling Indonesia) collaborates with PT Gotion Green Energy Solutions Indonesia (Gotion High-Tech) to develop electric vehicle batteries for the Indonesian automotive market. The partnership was signed at the Wuling Factory in Cikarang, West Java on Monday, November 28.
TEMPO.CO, Jakarta – State power company PT PLN (Persero) is collaborating with Hyundai Kefico and Consortiums to develop Battery Swapping Station for Motorcycles (SPBKLU). The pilot project took place in Bali, with Hyundai Kefico providing 50 motorcycles for PLN’s operation during the G20 Summit. This collaboration also includes the installation of SPBKLU in accordance with the agreement.
The Philippines Department of Energy (DOE) and regulators are considering changing rules governing ownership of grid-connected energy storage systems. The current classification of energy storage as generation could be hindering investment in an asset class the Philippines needs to see more of to ensure stable and cost-effective operation of its electricity networks.
Energy solutions division VinES – a member of Vingroup alongside VinFast – and Gotion Inc have broken ground on a 34.5 acre LFP battery factory designed with an annual capacity of 5 GWh. That equates to roughly 30 million battery cells per year to support future VinFast EVs.
Sungrow has signed a memorandum of understanding (MOU) to collaborate on energy transition topics with the Provincial Electricity Authority (PEA) of Thailand.
Ahunan Power Inc, a portfolio company of Prime Infra Capital Inc, has agreed to take control of the developer of a 500-MW pumped-storage hydroelectric project in the Philippines.