Asia asset owners eye battery storage amid renewables push

Asset owners in Asia are picking up emerging opportunities in battery energy storage as the world races for renewable energy solutions. However, securing funding remains a challenge in energy transition, according to Rockefeller Foundation Asia representative Deepali Khanna, who noted that less than a fifth of required funding was in place, and often failed to reach the Global South. At the United Nations Climate Change Conference last December, popularly known as COP28, 11 coun…