Top 10 Energy Storage Developers in Asia

In this article, PF Nexus highlights the Top 10 energy storage developers driving the energy transition in Asia.

Asia aims to triple its renewable energy capacity by 2030, requiring accelerated investments and developments. Key actions to achieve this goal include cutting subsidies for non-renewable energy resources and ramping up investments in renewables. Leading the way are India, China, and Japan, focusing primarily on solar PV and wind energy.

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

As renewable energy and energy storage technologies advance, their synergies will strengthen. Developers of energy storage projects will play an increasingly vital role in building a resilient, flexible, and sustainable electricity system powered by renewable energy.

Renewable energy developers are essential to the global transition to clean power, identifying, developing, and managing renewable energy projects. Their success depends on their ability to navigate the complex process of bringing a project from concept to reality.

The capacity of renewable energy in the world’s electricity generation mix continues to grow exponentially, driven by the collective expertise of private developers. This growth demonstrates the immense potential of renewable energy to power a sustainable future. As the demand for clean energy increases, the work of these developers will become increasingly crucial in accelerating the deployment of wind, solar, hydroelectric, geothermal, and other renewable technologies.

Finding energy storage projects can be difficult. There is fierce competition to establish investment relationships with developers, so for investors, identifying promising new market entrants early and securing relationships with them, is key.

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? Simply register your account and access the platform’s live projects marketplace to search for opportunities which fit your requirements. PF Nexus allows you to filter opportunities and set up automatic alerts, so you never miss a deal. This streamlines the process, eliminating manual outreach and ensuring you are connected with the most promising deal flow.

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