ESDM Ministry Rejects House Proposal for New Renewable Energy Fund Management Agency
TEMPO.CO, Jakarta – The Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif rejected the House of Representatives’ proposal to create a new renewable energy (NRE) fund management agency, set to be included in the NRE Bill. According to Arifin, Presidential Regulation No. 97 of 2021 on MRE ministry provided that the implementation of NRE policies falls […]
Storage systems vital to renewable energy boom: expert
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 announces 90 GWh heat battery factory
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.
PLN, Hyundai Kefico Collaborate to Develop Battery Swapping Station for Electric Motorcycle
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.
Wuling-Gotion High Tech Develops Electric Car Batteries in Indonesia
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.
Philippines regulators consider energy storage ownership rules and definition – report
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.
VinFast’s energy division breaks ground on 5 GWh/year battery factory
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 and Thai government body partner on energy storage and green hydrogen
Sungrow has signed a memorandum of understanding (MOU) to collaborate on energy transition topics with the Provincial Electricity Authority (PEA) of Thailand.
Prime Infra firm to buy 500-MW Philippine pumped-storage hydro project
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.
‘Southeast Asia’s only vanadium flow battery company’ in MOU to accelerate deployment
VFlowTech, a vanadium redox flow battery (VRFB) manufacturer based in Singapore, has signed a Memorandum of Understanding (MoU) with global liquid storage logistics group Advario.