With some of the highest rates of urbanization in the world, ageing infrastructure and a growing demand for electricity, the market is ripe for significant investment across the entire energy value chain.
The focus for governments across the region is to accelerate a decentralized, decarbonized and intelligent energy industry. In order to do this, the region must invest in more energy from non-hydro renewables and battery storage than ever before.
As batteries continue to decrease in cost and electric vehicle uptake soars, energy storage will play a fundamental role throughout the entire value chain and across end user sectors