https://apacbess.com/brief/ Grid-scale battery storage projects, financing and policy in Asia-Pacific, from public sources.en https://apacbess.com/brief/2026-11-10#kr-20261109-44128fkr-20261109-44128fTue, 10 Nov 2026 07:00:00 +0900Korean 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. https://apacbess.com/brief/2026-11-10#jp-20261109-a6222cjp-20261109-a6222cTue, 10 Nov 2026 07:00:00 +0900Sunpin 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. https://apacbess.com/brief/2026-11-10#jp-20261109-4c74adjp-20261109-4c74adTue, 10 Nov 2026 07:00:00 +0900Eco 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. https://apacbess.com/brief/2026-11-10#jp-20261109-419d1bjp-20261109-419d1bTue, 10 Nov 2026 07:00:00 +0900RENON 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. https://apacbess.com/brief/2026-11-10#gl-20261109-3e5907gl-20261109-3e5907Tue, 10 Nov 2026 07:00:00 +0900The 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. https://apacbess.com/brief/2026-11-09#kr-20261106-6c2a1fkr-20261106-6c2a1fMon, 09 Nov 2026 07:00:00 +0900LG Energy Solution said on 5 November it did not take part in the third ESS central contract tender, declining to chase short-term volume through price competition. The 1,180 MW (about 7.08 GWh) round narrows to Samsung SDI and SK On, with the preferred bidder expected this month. https://apacbess.com/brief/2026-11-09#jp-20261106-31ca32jp-20261106-31ca32Mon, 09 Nov 2026 07:00:00 +0900ADW Miyazaki Nichinan, about 2 MW/8 MWh, was completed and handed over on 6 November as A.D.Works' third operating site. It will start in the wholesale market and plans to enter the balancing market around February 2027. https://apacbess.com/brief/2026-11-09#gl-20261106-bf067bgl-20261106-bf067bMon, 09 Nov 2026 07:00:00 +0900Ireland's regulator CRU approved up to 500 MW of long-duration storage procurement, requiring at least four hours of import and export, through a competitive tender with a revenue floor. Contracts run 10 years, which Energy Storage Ireland says is significantly shorter than other markets; it recommends around 15 years. https://apacbess.com/brief/2026-11-09#gl-20261106-277b5fgl-20261106-277b5fMon, 09 Nov 2026 07:00:00 +0900India's Union Cabinet approved INR 145 billion (about $1.5 billion) of viability gap funding for grid-scale storage from FY2026-27 to FY2030-31, targeting 92 GWh. Projects will be allocated through tariff-based competitive bidding, with a 40% domestic content requirement for BESS. https://apacbess.com/brief/2026-11-09#cn-20261106-0b0aa4cn-20261106-0b0aa4Mon, 09 Nov 2026 07:00:00 +0900A liquid-air storage demonstration project in Golmud, Qinghai, developed by China Green Development Investment Group with the Chinese Academy of Sciences' Technical Institute of Physics and Chemistry, connected to the grid on 30 October. Rated at 60 MW/600 MWh with 10 hours of continuous discharge, it is a non-lithium long-duration project rather than a battery. https://apacbess.com/brief/2026-11-09#au-20261107-e33ec8au-20261107-e33ec8Mon, 09 Nov 2026 07:00:00 +0900The last battery packs have arrived at EnergyAustralia's Hallett battery at Canowie, South Australia, a 50 MW/245 MWh five-hour system. Sited next to its Hallett gas plant, the project is expected to begin commercial operation in mid-2027. https://apacbess.com/brief/2026-11-09#au-20261106-e63fe8au-20261106-e63fe8Mon, 09 Nov 2026 07:00:00 +0900Frontier Energy has signed a syndicated facility of up to A$280m for Stage 1 of its Waroona Renewable Energy Project, led by Natixis CIB and Sumitomo Mitsui Banking Corporation. Financial close is expected in November 2026 and first drawdown in Q1 2027. https://apacbess.com/brief/2026-11-06#kr-20261105-3606bekr-20261105-3606beFri, 06 Nov 2026 07:00:00 +0900Asia Economy, citing SNE Research, reports global lithium-ion ESS battery shipments of 779.9 GWh in Q1–Q3 2026, up 73% year on year, with a record 286.8 GWh in Q3. LG Energy Solution and Samsung SDI's combined North America share rose from 13.4% to 20.9%. https://apacbess.com/brief/2026-11-06#jp-20261105-475663jp-20261105-475663Fri, 06 Nov 2026 07:00:00 +0900In its 5 November autumn press-briefing deck, Tokyo Gas said that about two years after fully entering grid-scale batteries its capacity planned for operation has reached about 1.1 GW, and it aims to reach 2 GW in the early 2030s. The deck also notes a service launched on 4 November that buys grid discharge from home batteries at up to 70 yen/kWh. https://apacbess.com/brief/2026-11-06#jp-20261105-3f9044jp-20261105-3f9044Fri, 06 Nov 2026 07:00:00 +0900TSE Growth-listed Digital Grid said on 5 November that the grid-scale battery capacity it handles exceeded 250 MW as of 4 November 2026. With a run of commercial-operation starts, volume rose from 200 MW to 250 MW in about a month and now spans all nine power areas outside Okinawa. https://apacbess.com/brief/2026-11-06#gl-20261105-9391dagl-20261105-9391daFri, 06 Nov 2026 07:00:00 +0900Energy flexibility company Return has secured €835m of portfolio financing from Deutsche Bank and Rabobank to expand battery storage in Germany; the framework covers three German projects totalling 117 MW. Return plans to install at least 1 GW a year in Germany from 2027, requiring €750m–€1.2bn of investment annually. https://apacbess.com/brief/2026-11-06#cn-20261105-e8f333cn-20261105-e8f333Fri, 06 Nov 2026 07:00:00 +0900A feature republished by Sina says independent (standalone) storage made up 64.02% of China's storage procurement in January–July 2026, or 216.51 GWh. It quotes Xingchen Xinneng chair Liu Na: in only a few of the 28 provinces with continuous spot markets can storage reach a normal 8% IRR, while many plants earn just 3–4%. https://apacbess.com/brief/2026-11-06#au-20261105-4b9aa2au-20261105-4b9aa2Fri, 06 Nov 2026 07:00:00 +0900Macquarie-owned Eku Energy and the ACT government officially switched on the Williamsdale BESS (250 MW/500 MWh), the territory's biggest battery, on 5 November; Eku says it is fully commissioned and operating commercially, delivered on time and on budget. It now starts a 15-year revenue share agreement with the ACT government, which helped underwrite construction and receives 50% of the battery's revenue once operating. https://apacbess.com/brief/2026-11-05#kr-20261104-1edc2ckr-20261104-1edc2cThu, 05 Nov 2026 07:00:00 +0900NewDaily reported on 4 November that LG Energy Solution's ESS backlog stood at about 160 GWh at end-Q3, with 2028 volumes mostly secured, while Samsung SDI won more than 60 GWh of ESS orders in January–October. Detailed US rules restricting BESS and inverter purchases from designated foreign entities are due in December; Chinese competition remains a variable. https://apacbess.com/brief/2026-11-05#gl-20261104-494d47gl-20261104-494d47Thu, 05 Nov 2026 07:00:00 +0900Italy's Ministry of Environment and Energy Security (MASE) issued single authorisations on 2 November for two BESS projects totalling 480 MW, after nearly 7 GW of approvals over the previous two months. They are Miura Storage's 280 MW project in Tuscania (Viterbo) and the 200 MW BESS Castegnero in Vicenza province. https://apacbess.com/brief/2026-11-05#cn-20261104-14faedcn-20261104-14faedThu, 05 Nov 2026 07:00:00 +0900ESS News reported on 4 November that Huawei Digital Power, in a 20 October customer notice, plans price increases of 5–15% across several solar and storage product lines, with grid-forming utility-scale storage solutions including PCS up 5–10%. Huawei cited rising commodity, PCB and memory costs; Sungrow, Kehua and others announced similar increases earlier. https://apacbess.com/brief/2026-11-04#jp-20261103-e0a8e9jp-20261103-e0a8e9Wed, 04 Nov 2026 07:00:00 +0900Denki no Eki GK, set up in 2023 by JR Kyushu, Sumitomo Corporation and Sumitomo Corporation Kyushu, will build a 16 MW, 70 MWh battery storage station in Isahaya, Nagasaki; preparatory work began in October and operation is planned for December 2028. It is the company's third site after two in Kumamoto and the largest in the Denki no Eki series. https://apacbess.com/brief/2026-11-04#gl-20261103-4ab7d4gl-20261103-4ab7d4Wed, 04 Nov 2026 07:00:00 +0900Noida Power Company Limited (NPCL) issued a Request for Selection on 3 November for an 80 MW, four-hour, 320 MWh standalone BESS in Greater Noida, Uttar Pradesh. The project runs on a 12-year Build-Own-Operate-Transfer model, after which it transfers to NPCL for a nominal INR 1. https://apacbess.com/brief/2026-11-04#gl-20261103-0d1775gl-20261103-0d1775Wed, 04 Nov 2026 07:00:00 +0900New Zealand developer Lightyears has secured NZ$174 million to fund more than 300 MW of utility-scale solar and battery projects over the next five years. The package combines $74 million of planned investment from Japan's Obayashi Corporation and a $100 million lending facility from Australian infrastructure lender Infradebt. https://apacbess.com/brief/2026-11-03#ph-20261101-69fff6ph-20261101-69fff6Tue, 03 Nov 2026 07:00:00 +0900Gulf News reports that grid operator NGCP's 'Project Airbag' envisages up to 10,000 MW of batteries nationwide at around ₱700 billion (about $11 billion), which is not an approved budget. 850 MW is under way at six sites and 1,000 MW across 12 sites is under assessment. https://apacbess.com/brief/2026-11-03#kr-20261102-3fc532kr-20261102-3fc532Tue, 03 Nov 2026 07:00:00 +0900Ajunews reports that transmission takes over eight years to build while ESS can usually be installed within two to three years, yet rules block its use as a grid-reinforcement alternative. KEPCO's research institute says transmission-side ESS in operation totals 426 MW for frequency regulation and 978 MW for grid stabilisation. https://apacbess.com/brief/2026-11-03#gl-20261102-d43608gl-20261102-d43608Tue, 03 Nov 2026 07:00:00 +0900BW ESS's Hams Hall phase 1 (350 MW/1,243 MWh) entered commercial operation 20 days after energisation and will expand to 400 MW/1,424 MWh. Debt came from OCBC, Rabobank and Société Générale; the amount was not publicly disclosed. https://apacbess.com/brief/2026-11-03#gl-20261102-1dd0e1gl-20261102-1dd0e1Tue, 03 Nov 2026 07:00:00 +0900Return Energy reached financial close on €50 million for three standalone batteries in Spain's Basque Country (Güeñes, Barakaldo, Lezama) totalling 55 MW/220 MWh. Technical adviser DNV called it the largest standalone storage portfolio in Spain to reach financial close to date. https://apacbess.com/brief/2026-11-03#cn-20261101-dbe754cn-20261101-dbe754Tue, 03 Nov 2026 07:00:00 +0900Shandong's DRC has opened consultation on a draft rule for generation-side reliable capacity compensation that would scrap 2x capacity payments for independent storage demonstration and long-duration pilot projects. The draft also states leased capacity of independent storage no longer earns capacity compensation; the effective date is not publicly disclosed. https://apacbess.com/brief/2026-11-03#cn-20261030-cc418ecn-20261030-cc418eTue, 03 Nov 2026 07:00:00 +0900At its 30 October press conference the NEA said China's operating new-type storage reached 167 GW/435 GWh by end-September, up 63% year on year, with average duration of 2.61 hours. Equivalent utilisation was about 915 hours, up about 10 hours. https://apacbess.com/brief/2026-11-03#au-20261102-7e4e90au-20261102-7e4e90Tue, 03 Nov 2026 07:00:00 +0900Victoria's State Electricity Commission has extended its 10-year power purchase agreement for the 130 MW Glenrowan solar farm, awarded under the VRET auction, to cover a 102 MW, up to four-hour battery. The asset is owned by Cimic's Pacific Partnerships, with construction to start after financial close sometime next year. https://apacbess.com/brief/2026-11-02#gl-20261030-dd3fa3gl-20261030-dd3fa3Mon, 02 Nov 2026 07:00:00 +0900Brookfield-owned OnPath Energy reached financial close on Common Farm Solar Park in Dinnington, South Yorkshire, its first co-located project: a 49 MW solar farm with a 50 MW/100 MWh BESS. NatWest is providing a financing package including a term loan and ancillary facilities; construction is underway with completion targeted for mid-2027. https://apacbess.com/brief/2026-11-02#gl-20261030-9dc211gl-20261030-9dc211Mon, 02 Nov 2026 07:00:00 +0900The Campaign to Deliver Affordable Energy Storage (CDAES), eight short-duration developers including Zenobe and Fidra Energy, commissioned Baringa analysis claiming Ofgem's proposed 7.6 GW of LDES cap-and-floor is 'too much, too soon' and could add GBP 1.6 billion to consumer costs. Ofgem has not yet made final awards. https://apacbess.com/brief/2026-11-02#au-20261030-6d07baau-20261030-6d07baMon, 02 Nov 2026 07:00:00 +0900Reporting from All Energy Australia 2026 (Melbourne, 28–29 October), ESS News said nine large-scale projects totalling 2.3 GW/7.1 GWh were switched on in H1 2026, surpassing the 2 GW/5.1 GWh added during all of 2025. In the same period 13 projects totalling 1.6 GW/6.5 GWh reached financial close. https://apacbess.com/brief/2026-10-30#jp-20261029-ec472bjp-20261029-ec472bFri, 30 Oct 2026 07:00:00 +0900NHK reported on 29 October that Chugoku Electric Power and JR West have exchanged a basic agreement to jointly study a business using batteries that store renewable and other electricity. Scale, sites and timeline are not publicly disclosed. https://apacbess.com/brief/2026-10-30#jp-20261029-1ba6acjp-20261029-1ba6acFri, 30 Oct 2026 07:00:00 +0900Green Energy & Company (TSE 1436) said after the close on 28 October that wholly owned unit Green Energy Plus won the construction order for a grid-scale battery in Kyotango, Kyoto Prefecture, rated at 1,999 kW / 8,146 kWh. The company said the single order has a minor impact on this period's results but forecasts may be revised depending on future orders. https://apacbess.com/brief/2026-10-30#gl-20261029-49a8eegl-20261029-49a8eeFri, 30 Oct 2026 07:00:00 +0900Swiss developer Delta Capacity reached financial close on two standalone Finnish BESS projects totalling 250 MW / 600 MWh, both under construction with COD targeted for Q4 2027. Société Générale is sole senior lender to both, and Finnish ECA Finnvera counter-guarantees one facility. https://apacbess.com/brief/2026-10-30#au-20261028-038a71au-20261028-038a71Fri, 30 Oct 2026 07:00:00 +0900RenewEconomy reported that CATL has been selected as technology partner for Birdwood Energy's Baranduda Electrical Energy Reserve, a 400 MW / 1.86 GWh, 4.65-hour battery near Wodonga, Victoria. Victoria's publicly owned State Electricity Commission (SEC) has invested A$43 million for a minority stake. https://apacbess.com/brief/2026-10-27#au-aurora-ph-1027au-aurora-ph-1027Tue, 27 Oct 2026 07:00:00 +0900Aurora Energy Research expects a standalone BESS commissioned in 2027 to earn 80–90% of revenue from reserve markets (mainly regulating reserve) in its first one to five years, shifting to WESM arbitrage later. View: concentrated early revenue makes reserve-price risk the key lender question. https://apacbess.com/brief/2026-10-23#au-qed-q3-1023au-qed-q3-1023Fri, 23 Oct 2026 07:00:00 +0900AEMO's Q3 2026 data: batteries supplied 8% of NEM evening-peak (4–9pm) generation versus 5.1% for gas; the NEM average price was A$63/MWh, down 27% year on year. View: batteries gain price-setting power while unit arbitrage revenue keeps falling.