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.
Floating energy storage systems are being developed for use in areas wanting to increase their use of renewable energy, but with constraints on the land available that could be used for solar and wind farms or land-based energy storage.
The world is at a critical juncture. Never has there been a moment where businesses, energy consumers and governments – from Canada to China – are aligning on a common vision like this: a road to net-zero emissions.
Technology firm Hitachi ABB Power Grids has been selected to provide its energy storage solution for Singapore’s first virtual power plant.
Hitachi ABB Power Grids will supply battery energy storage and smart controls to Singapore’s first virtual power plant (VPP), on a project aimed at validating methods for integrating more renewable energy onto the city-state’s electricity networks.
First Gen Hydro Power is investing P6 billion ($124.89 million) to develop a 120 megawatts (MW) Aya pumped hydro storage project in Pantabangan, Philippines.
Two sets of KSTAR 5kW+10kWh energy storage systems (BluE-5000D) have been installed during December at the Chumpoll Temple in Ayutthaya Province, providing a clean and stable night time power supply.
LG Energy Solutions is planning to launch a battery development project in Indonesia. The five-year project is estimated to cost approximately 10 trillion won and the company will form a consortium with four enterprises run by the Indonesian government – Mining Industry Indonesia, Antam, Pertamina and PLN. LG International will take part in the project, […]
Dyson to invest billions in Singapore and the Philippines, boosting research in robotics, next-gen motor technology
Dyson, the global tech firm best known for its vacuum cleaners and hand dryers, on Friday pledged to invest GBP 2.75 billion (USD 3.67 billion) in Singapore, the Philippines, and its home country UK through 2025. Although Dyson did not reveal an exact breakdown of the investment, it plans to build a manufacturing hub and expand its […]
KUALA LUMPUR: Malaysia’s state energy firm Petronas on Friday (Nov 20) said it is stepping up investments in hydrogen as part of a global push to produce carbon-free energy, even as the firm expands its portfolio in liquefied natural gas and renewable energy.