Top 10 Energy Storage Companies in Asia

In this article, PF Nexus recognises the contributions being made to the energy transition by the Top 10 energy storage companies in Asia.

Asia is at the forefront of a renewable energy transformation, with a goal to triple its renewable energy capacity by 2030. Achieving this ambitious target requires accelerated investments and developments in the industry. Key actions include reducing subsidies for non-renewable energy resources and significantly ramping up investments in renewable technologies. Leading countries such as India, China, and Japan are primarily focusing on solar PV and wind energy to spearhead this transition.

Energy storage technologies are pivotal in enabling renewable energy to contribute a larger proportion of a grid’s overall generation capacity. Battery Energy Storage Systems (BESS) are highly versatile, with applications ranging from short-to-medium-term utility-scale grid support to behind-the-meter commercial and industrial installations. Additionally, other technologies like thermal storage and flow batteries are gaining attention as viable options for longer-duration storage.

As renewable energy and energy storage technologies continue to advance, the synergies between the two will only grow stronger. Developers of energy storage projects will play an increasingly important role in building a more resilient, flexible, and sustainable electricity system powered by renewable energy.

The renewable energy sector has experienced explosive growth, becoming one of the world’s largest industries and overtaking traditional sectors like Oil & Gas. This green energy revolution has given rise to numerous major companies, with hundreds playing pivotal roles in the energy transition. Among these are project developers, renewable energy investors, and financial, technical, or legal advisory firms.

Explore our list of the top energy storage companies in Asia, driving the continent's renewable energy revolution.

Finding investors or buyers for your energy storage projects can be difficult. Investors are often busy with assessing opportunities in their pre-existing developer network, which may make it harder for less well-known projects to break into the market.

Using a renewable energy asset marketplace like PF Nexus provides a more efficient and transparent way of identifying and securing collaborations between energy storage developers and investors. PF Nexus is used by over 6,300 professionals from >3,000 developers, investors, and lenders, constantly on the lookout for 'the right' renewable energy investment opportunities for them.

How does it work? Registering your account and submitting your project takes just 5 minutes. From there, you can receive introductions from interested partners directly to your inbox, eliminating the need for manual outreach and ensuring you connect with the highest calibre, most engaged investors for your deal.

To gain a competitive advantage for your renewable energy portfolio, get started with PF Nexus right now (takes 3 minutes).