High capital requirement poses challenge for Indonesia’s battery industry: Expert
The sizeable initial investment required to establish a lithium battery manufacturing facility is one of the primary challenges in developing the country’s battery industry, an expert has stated. Sebelas Maret State University (UNS) School of Engineering professor Muhammad Nizam on Aug. 21 said that while Indonesia had an abundance of nickel, the primary material for […]
Hitachi ABB Power Grids does virtual power plant and ‘greener coal mine’ projects in Southeast Asia
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.
Hitachi ABB Power Grids Provides Battery Storage Tech to Thailand
Switzerland-headquartered Hitachi ABB Power Grids Ltd. recently announced its selection by Impact Solar Limited, a subsidiary of Impact Solar Group, to provide Battery Energy Storage System (BESS) and controls technology to a “smart industrial park” project in Thailand, which is a part of the country’s largest private microgrid at Saha Industrial Park in Sriracha.
Hyundai and LG Energy to build EV battery factory in Indonesia
SEOUL — Hyundai Motor Group said on Thursday it will partner with LG Energy Solution to build an electric vehicle battery factory in Indonesia to secure a stable supply of battery cells for its EVs.
Hyundai Motor, LG Energy Solution break ground for $1.1 bn EV battery plant in Indonesia
Hyundai Motor Group and LG Energy Solution Ltd. has begun construction of $1.1 billion first joint-venture electric vehicle battery cell production plant in Karawang industrial park in Indonesia that would serve as the base for EV inroads in Southeast Asia
Hyundai-LG’s Indonesian battery JV promised of benefits in raw material supply and price
A $1.1 billion joint-venture project by Hyundai Motor and LG Energy Solution to establish a 10GWh capacity battery cell plant in Indonesia under full blessing from the host country will be supplied with raw materials at favorable terms to help the Korean consortium gain fast ascension in the EV market of Southeast Asia.
Indonesia government launching 5MW pilot BESS
Indonesia’s state-owned utility and battery producer have launched a 5MW battery energy storage system (BESS) pilot project as it seeks to move away from diesel-generated power. The country’s state-owned utility PLN has signed a memorandum of understanding with another state-owned body, the Indonesia Battery Corporation (IBC), to build the BESS this year, PLN said
Indonesia planning US$12B battery venture
Indonesian state-owned mining company Mining Industry Indonesia (MIND ID) plans to partner with domestic utility and energy companies on a US$12 billion EV battery project that would leverage the Southeast Asian country’s nickel production.
Indonesia poised to be major hub for car battery and EVs: Jakarta Post
Indonesia made the first big step toward becoming a hub for car battery and electric vehicle (EV) manufacturing in South-Eas Asia
Indonesia Ratifies RCEP Trade Deal, Pact With South Korea
The Indonesian parliament approved two major trade deals on Tuesday, backing membership of the Regional Comprehensive Economic Partnership (RCEP) and a bilateral pact with South Korea