APAC BESS daily brief · 10 Nov 2026

Korea's third ESS central contract round: mid-60s consortia bid, industry estimates prices in the low-to-mid 20 won/kWh

Korean media reported on 9 November that consortia numbering in the mid-60s joined the third ESS central contract round's bid proposal submission, which closed on 4 November, with business plans and supporting documents due on 11 November. According to industry sources, average bid prices fell from the 30 won/kWh range in Round 1 to the 20 won range in Round 2, and this round's prices are estimated in the low-to-mid 20 won range.

• In Round 1 Samsung SDI won 427 MW, about 76% of volume. In Round 2 SK On won 284 MW, the largest share.
• Samsung SDI's Ulsan plant has about 15 GWh a year of capacity. SK On is converting 3 GWh of its 7 GWh Seosan line to LFP for ESS.

• Industry sources say some awards went below 20 won/kWh and that battery supply prices are about 30–40% higher than before. These prices are industry accounts or estimates; official bid prices are not publicly disclosed.

• The third round totals 1,180 MW, about 7.08 GWh of battery storage capacity.

Sources: 머니투데이 (Money Today)

Sunpin Japan connects its first utility-scale battery, 45 MW/180 MWh in Otsu, Shiga, with December operation via E-Flow

Sunpin Japan's SP Shiga Otsu Power Storage Station, a 45 MW/180 MWh four-hour standalone lithium-ion project in Otsu, Shiga Prefecture, was connected to the grid on 5 November. Commercial operations and market trading via E-Flow are scheduled to begin in December 2026.

• Developer Sunpin Japan is the Tokyo-based subsidiary of California developer Sunpin Solar and did the greenfield development in-house. Group affiliate Blue Point Power Solutions is EPC contractor and also handles commissioning and O&M.
• Aggregator E-Flow, a joint venture of Kansai Electric Power and Enewill, trades in Japan's wholesale and balancing markets.
• Earlier this year Sunpin Japan outlined a 1 GWh utility-scale BESS pipeline across five projects in Ibaraki, Shiga, Osaka and Fukushima prefectures.
• Battery and PCS suppliers: not publicly disclosed.

• Lenders and financing structure: not publicly disclosed. The revenue model (merchant or toll) is not detailed in the report.

Sources: ESS News

Eco Kaku: 11 grid batteries across Japan now interconnected, 3 operating, about 21.9 MW in total

Eco Kaku says that as of 4 November its 11 grid-scale battery sites have completed interconnection, of which 3 are operating, 7 are in trial operation and 1 has completed interconnection. Maximum receiving power totals about 21.9 MW, and the first site was connected in July 2026.

• Disclosed sites are in Gifu, Tochigi, Chiba, Saitama and Tottori prefectures, with about 2 MW of maximum receiving power and about 7.7–9.2 MWh of battery capacity per site. One site's location is not publicly disclosed.

• Lenders and financing arrangements: not publicly disclosed.

Sources: PR TIMES (エコ革)

RENON POWER's low-voltage grid battery orders pass 1,500 sites, about 75 MW/300 MWh on its own conversion

RENON POWER says cumulative orders for its low-voltage grid battery package have reached 1,500 sites, ahead of its target of 1,000 sites by the end of 2026. Converted at the standard package of 49.9 kW/200 kWh, that is about 75 MW/300 MWh.

• The company announced 500 sites on 21 July, adding about 1,000 sites in about 3.5 months.
• On battery capacity this equals about 37.5 high-voltage sites of 2 MW/8 MWh. The 300 MWh is the company's own conversion of order volume.

• Order value and financing parties: not publicly disclosed.

Sources: PR TIMES (RENON POWER)

Dominican Republic approves rules for up to 200 MW/800 MWh of BESS at existing solar and wind plants, on 15-year contracts

The Dominican Republic's Superintendency of Electricity (SIE) has approved rules for procuring up to 200 MW/800 MWh of new four-hour BESS co-located with existing solar and wind plants. Contract award is scheduled for 25 February 2027, and the new agreements run for 15 years.

• The new supply contract is separate from the existing PPA. Bids are a discount against the energy price in the existing contract, limited to the new agreement. Lenders: not publicly disclosed.

• Procurement EDES-GER-SAEB-01-2026 is limited to plants with active long-term PPAs with distribution utilities Edenorte, Edesur and Edeeste and no existing storage.
• Linked storage cannot exceed 50% of the plant's net nominal generation capacity. Winners have at most 12 months to install and obtain the COD certificate.

Sources: ESS News