Zafrul Tengku Aziz, the country’s Minister of International Trade and Industry, attended the unveiling of MYBESS, an end-to-end solution for renewable energy storage.
The first locally produced battery energy storage system (BESS) product will help Malaysia support the energy transition and boost its competitiveness in high tech industry sectors. Zafrul Tengku Aziz, the country’s Minister of International Trade and Industry, attended the unveiling of MYBESS, an end-to-end solution for renewable energy storage.
The project’s two Malaysian sponsors, industrial automation company Genetec Technology and engineering, energy, and manufacturing conglomerate Citaglobal, unveiled the 1MW prototype MYBESS at a Genetec production facility in the town of Bangi, which is close to the nation’s capital Kuala Lumpur.
The prototype, which was created and produced by a special purpose vehicle (SPV) called Citaglobal Genetec BESS, has been fully operational since a pilot project got underway in December of last year. It aids in maximising the energy use at the Genetec plant.
In order to maximise the large-scale and large capacity storage of energy, the parties’ collaboration was formalised last October when they agreed to develop battery management system (BMS) and energy management system (EMS) technologies.
The companies also claimed that they had created a portable product that could be used in a variety of situations, and could aid Malaysia’s efforts to electrify its rural areas.
Malaysia has a net zero target date of 2050 and will strengthen its ESG adoption through the government’s New Investment Policy, Minister Aziz said. Rethinking “how we generate, distribute, store, supply, and consume energy” is a key component of that, he added.
“To this end, the development of Malaysia’s homegrown MYBESS, solution for renewable energy storage, by Citaglobal Genetec BESS, is not only a step in the right direction in support of Malaysia’s future (renewable) energy security but also an important opportunity to begin positioning Malaysia in high-technology industries and higher in the global value chain,” Aziz said, citing that the Ministry of International Trade and Industry (MITI) will take “bold steps” to enhance Malaysia’s “industrial ecosystem,” when it launches a national New Industrial Master Plan 2030, later this year.
The minister’s remarks resemble those of Philippine President Ferdinand Marcos Jr., who recently stated that Malaysia’s neighbouring country must integrate energy storage into the structure of its energy sector because it is “vital.”
Southeast Asia has seen an increase in energy storage investments over the past few years, according to a number of sources Energy-Storage.news has spoken with, including George Garabandic, DNV’s energy storage lead for the APAC region.
The first Energy Storage Summit Asia will be held in Singapore on July 11 and 12, 2023, under the sponsorship of Energy-Storage.news publisher Solar Media. By bringing together a community of reliable independent generators, policymakers, banks, funds, off-takers, and technology providers, the event will help shed light on this emerging but rapidly expanding market. Go to the website for more details.