SPNEC secures PHP 150 B loan to expand solar and battery energy storage
SP New Energy Corporation (SPNEC) has secured a Php 150 billion, 15-year Omnibus Loan and Security Agreement (OLSA) through its subsidiary, Terra Solar Philippines Inc. (MTerra Solar), marking a major financial milestone for the company’s renewable energy initiatives.
Sarawak Energy Commissions Malaysia’s First Utility-Scale BESS
Malaysia has marked a major milestone in its energy transition with the commissioning of its first utility-scale battery energy storage system (BESS) by Sarawak Energy. The 60 MW/82 MWh BESS, which was first energized in December 2024, is located at the Sejingkat Power Plant site—soon to be phased out after operating since 1998.
NTU Singapore and Trinasolar Collaborate on AI-Powered Smart Energy Storage
Nanyang Technological University, Singapore (NTU Singapore) has partnered with Trinasolar, a global provider of photovoltaic (PV) and energy storage solutions, to develop advanced smart energy storage systems (ESS) aimed at enhancing efficiency, reliability, and economic viability in renewable energy applications.
ABMM And Sun Energy Subsidiaries Build The First PLTS CBESS In Indonesia
JAKARTA – A subsidiary of PT ABM Investama Tbk (ABMM), PT Cipta Kridatama, and solar energy development company SUN Energy collaborate to develop the first Containerized Battery Energy Storage System (CBESS) in Indonesia.
Chinese group to invest $1bn in Cambodian pumped storage
A Chinese industrial conglomerate is to invest $1bn in a pumped-storage system in southwest Cambodia. According to news site Yicai, the Upper Tatai Pumped Storage Power will be added to the 150MW Tatai hydropower scheme, which China National Machinery Industry Corporation (Sinomach) hopes to complete next year.
EVAP Pushes for Philippine Investment in EV Battery Manufacturing Amid Growing Global Demand
As electric vehicle (EV) adoption surges across Southeast Asia, the Electric Vehicle Association of the Philippines (EVAP) is advocating for global battery manufacturers to invest in the country, highlighting its rich natural resources, expanding infrastructure, and supportive regulatory policies. With nickel and cobalt—two critical materials in battery production—abundant in the Philippines, EVAP asserts that the […]
Scatec JV Secures Funding For 56 MW Battery Project In The Philippines, Construction Set To Begin
Scatec ASA and Aboitiz Power have finalized financing for their battery energy storage projects in the Philippines and are set to begin construction. The projects include a 16 MW battery system at the Magat hydropower plant (Phase 2) and a 40 MW system at the Binga hydropower plant. These battery storage systems will support the […]
Sarawak Energy Launches Malaysia’s First Utility-Scale Battery Energy Storage System at Sejingkat Power Plant
Sarawak Energy Berhad (SEB) has unveiled Malaysia’s first utility-scale Battery Energy Storage System (BESS) at the Sejingkat Power Plant, marking a significant step in the country’s green energy transition.
