Climate Smart Ventures launches report showing that Battery Energy Storage Systems can already lower electricity costs while further mainstreaming RE in the Philippines

A new study by Climate Smart Ventures Pte. Ltd. (CSV) entitled “Mainstreaming Renewables Through Storage in the Philippines: Scenarios to Accelerate the Energy Transition” has found that the Philippines is already ready to “firm-up” variable output from renewable energy (RE) with use of battery energy storage systems (BESS) for all-day (baseload) or majority of working hours in a day (mid-merit). […]

Climate Smart Ventures to co-lead global initiative to spur the transition from coal to renewables

On 4 November 2021, the European Climate Foundation (ECF), Climate Smart Ventures (CSV), Carbon Trust, RMI and International Network of Energy Transition Think Tanks (INETT), with the support of the IKEA Foundation and the Growald Climate Foundation launched a new global initiative called the Coal Asset Transition Accelerator (CATA) at the 26th United Nations Climate Conference (COP26). […]

Are we a decade away from a 100% renewable Asia?

Technological advances and lower capital costs have made renewable energy a mainstream energy market in Southeast Asia. The boom in green investment in Asia is unmistakable, and the continent has set its sights on dominating the global renewable energy stage in terms of new capacity additions, technology development, and energy demand. […]