The State of the Global and ASEAN Energy Storage Market

Over the past 10 years, over 26 GW of energy storage have been announced for deployment from project developers, approximately 17% of these projects are operational. In this report, it shows the main trends for large-scale energy storage project financing and incentives and lists the top 20 countries aiming to deploy and use large-scale energy storage. As to the ASEAN region, the Philippines is detailedly elaborated, and other ASEAN countries are discussed as well.