
NEW YORK & TOKYO – April 29, 2025 – The energy storage platform jointly established by Stonepeak and CHC (the “Platform”) today announced that it has secured 20-year fixed revenue capacity market contracts for five battery energy storage system (“BESS”) projects totaling 348MW of gross capacity in the latest round of Japan’s Long-term Decarbonization Auction (the “Auction”). [pdf]

AMPYR Australia Pty Ltd (AMPYR) and Shell Energy Operations Pty Ltd (Shell) propose to develop and operate the Wellington Battery Energy Storage System (the project), located approximately 2.2 km north-east of the township of Wellington in the Dubbo Regional Council local government area (LGA) and within the New South Wales (NSW) Government declared Central-West Orana Renewable Energy Zone (CWO REZ). [pdf]

This project, developed by Vietnam Electricity (EVN) in collaboration with the Asian Development Bank (ADB), Rocky Mountain Institute (RMI), Global Energy Alliance for People and Planet (GEAPP), and the Vietnam Energy Institute, marks a crucial step towards Vietnam’s target of developing 300MW of energy storage by 2030, as outlined in the latest Eighth Power Development Plan (PDP 8). [pdf]

At the policy level, the Ministry of Industry and Information Technology's industry standard 5G Power Supply and Environmental Infrastructure Part 2: Outdoor Small Integrated Power System—implemented in April 2025—explicitly requires 5G power supplies to feature a wide operating temperature range (-40°C to 70°C) and a high protection level (IP65), driving standardized development across the industry. [pdf]

The Ubolratana Dam hydro-floating solar hybrid power plant, located in Thailand's northeastern Khon Kaen province, integrates floating solar panels, clean hydropower, high-efficiency energy storage systems, and smart energy management systems, according to Dongfang Electric International Corporation, one of the world's largest manufacturers of power-generating equipment that built the project with its Thai partner. [pdf]
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