Indonesia – ASEAN’s Most Potential for Industrial Rechargeable Battery & Energy Storage Market
Energy storage will play a crucial role in enabling the next phase of the energy transition, integration of renewable energy and unlocking the benefits of local generation and a clean energy. A key component of the energy storage is consuming the majority of energy generated by onsite solar photovoltaic (PV), electrical vehicles and other distributed generation (DG) systems.
Large energy produced from PV systems, wind and hydro power certainly will need storage systems to be stored and it will be used when required. In addition, the developing number of hospital, telecommunication companies, electronics manufacturers, infrastructure, heavy equipment, research centers, and laboratories also drive huge demand of industrial rechargeable battery and energy storage in Indonesia. This is a great potential for battery and energy storage companies and stakeholders to gain the market.