Hanoi (VNS/VNA) – The Ministry of Industry and Trade (MoIT) needs to study and direct Vietnam Electricity (EVN) to issue regulations on the transmission and distribution system to ensure the stable operation of the power system amid abundant wind and solar power sources, said Tran Viet Ngai, Chairman of the Vietnam Energy Association.
With the global energy storage system market expected to reach US$17.9 billion by 2027, battery energy storage systems are emerging as a good option to increase grid flexibility and reliability.
Vanadium redox flow batteries (VRFB) could be integrated into a green hydrogen production technology through a collaboration between Australian resources company TNG and Malaysian renewable energy consultancy AGV Energy.
An orphanage in Haiti and a Covid response center in Myanmar will receive energy storage systems through a SimpliPhi Power donation program that aims to provide clean energy to communities in need. The donations are through “IDEA: a campaign to Deliver Energy Access,” an initiative SimpliPhi Power started in January with several partners.
ASEAN Member States (AMS) need to step up their game on energy storage development. As the 6th ASEAN Energy Outlook foretells, ASEAN’s Total Final Energy Consumption (TFEC) projects to increase by 38 percent by 2025 and 146 percent by 2040, from 375 Mtoe in 2017 to 922 million or mega tonnes of oil equivalent (Mtoe) […]
MANILA – State-owned Development Bank of the Philippines (DBP) has granted a PHP750-million revolving credit line to a fledgling energy firm for the manufacture and export of cost-effective and sustainable energy storage systems for power generation activities of renewable energy companies, a top official said.
SMC Global Power Holdings Corp. (SMC), one of the major suppliers of power to the national grid in the Philippines, has partnered with ABB to install battery energy storage system (BESS) facilities as part of its nationwide BESS Project.
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.
Power and energy systems technology group Wärtsilä has completed work on two large-scale battery energy storage system (BESS) projects in the Philippines.
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.