Tenaga Nasional Bhd will kick-start a 400 megawatt-hour (MWh) battery energy storage system (BESS) pilot project in this quarter, marking Malaysia''s first utility-scale battery storage project to address intermittency
In autumn 2024 two draft regulations were published regarding state aid for large-scale electricity storage systems (BESS), one from the Modernisation Fund ("MF ") 1 - and the second under the National Recovery
The financial close of two significant large-scale projects in Egypt could mark progress for the country''s nascent energy storage sector.
Sabah Electricity (SE) has launched two renewable energy projects in the state of Sabah, Malaysia. These initiatives aim to support the region''s energy transition by increasing the use of solar power and energy
The Ministry of Energy Transition and Water Transformation (PETRA), through the Energy Commission (EC), has launched an open bidding program for the acquisition of Battery Energy Storage System (BESS) capacity
KUALA LUMPUR (Aug 21): Malaysia''s inaugural bidding round for four large-scale, grid-connected battery storage projects in Peninsular Malaysia has attracted significant
Large-scale battery storage in Europe: How to invest in the energy transition with power storage. Sustainable, secure, future-oriented. Here''s how it works.
In this regard, EC invites companies or consortiums that are experienced in implementing projects related to energy generation, and have the technical and financial capabilities to develop, finance, and operate energy
Explore the upcoming large-scale solar projects in Malaysia, including new bidding rounds and the impact of battery storage on grid reliability and solar energy growth.
The development of BESS will be separated into 4 separate projects with a capacity of 100MW/400MWh each. Each project must achieve commercial operations by 2026.
The first quarter of 2025 was the second best on record for investment in large-scale Battery Energy Storage Systems (BESS) in Australia, with six projects worth $2.4 billion
Pioneering financing and market leadership Project Mufasa is the largest utility-scale battery storage project in the Netherlands to be fully funded through 100% project financing of over EUR 350 million.
A signing ceremony was held at Sungrow''s Malaysia HQ. Image: Sungrow Sungrow has agreed to supply battery energy storage system (BESS) technology to a large-scale project in Malaysia, one of Southeast
Quinbrook Infrastructure Partners has closed a $722 million financing deal that will support the development of the early stages of a planned 760 MW / 3,096 MWh battery energy storage system being built in Queensland.
Large-scale battery storage projects co-located with solar or wind farms are becoming increasingly common in Malaysia. These systems help mitigate renewable
Malaysia''s renewable energy sector is set for a multi-year expansion, driven by strong policy support, innovative financing structures, and aggressive solar and BESS
As the demand for renewable energy grows, large-scale energy storage projects have become critical for grid stability, renewable integration, and energy independence. However, financing these projects—especially those requiring
Learn about Poland''s €1 billion energy storage subsidy aimed at installing 5.4 GWh of BESS by 2028, strengthening grid stability and accelerating the green transition.
Germany''s BESS Installations Types (as of 2023) Total Grid-Scale BESS Capacity and Forecast (in GWh) Bundesverband Solarwirschaft (BSW) forecasts an additional ~7 GWh of grid-scale BESS capacity by 2026.
TNB will kick start a 400MWh BESS pilot project, marking Malaysia''s first utility-scale battery storage project to address intermittency issues of RE. This pilot project will be operated by Grid
Cypress Creek Renewables, a renewable energy project developer and independent power producer, secured approximately $133 million in funding to support the
The scale of investments in energy storage project finance will continue to dwarf venture capital investments in the sector. It''s also worth noting that non-recourse financing -- i.e., no corporate or personal guarantees
Across the region, governments and private sector players are investing in battery production, assembly, and integration to meet the needs of emerging energy ecosystems. In particular,
The number of large-scale battery storage projects in Germany will increase rapidly over the next two years, the country''s solar industry association BSW said. Around
The first quarter of 2025 was the second best on record for investment in large-scale Battery Energy Storage Systems (BESS) in Australia, with six projects worth $2.4 billion in total reaching the financial commitment
Battery energy storage systems (BESS) can help address the challenge of intermittent renewable energy. Large scale deployment of this technology is hampered by perceived financial risks and lack of secured
KUALA LUMPUR (Aug 21): The bidding round for four large-scale, grid-connected battery storage projects in Peninsular Malaysia has attracted significant interest, with more than 20 industry
The financial closure of two major large-scale projects in Egypt signifies a promising advance for the country''s emerging energy storage sector. Recently, developers
MSR Green Energy Sdn Bhd (MSRGE) is a pioneer in Malaysia''s renewable energy sector, boasting over a decade of industry expertise. The company specializes in solar photovoltaic
Malaysian utilities company Sarawak Energy has commissioned what is described as the nation''s first utility-scale battery energy storage system (BESS). The 60 MW/82 MWh BESS, which was first energized in Dec 2024,
Thinking about Financing Battery Storage Systems for your commercial or industrial facility? Learn about strategies you have available in this blog and webinar.
Why securing project finance for energy storage projects is challenging It has traditionally been difficult to secure project finance for energy storage for two key reasons. Firstly, the nascent
Bidders include established energy players as well as newcomers from the infrastructure and property development sectors. In 2024, Malaysia launched its first large-scale storage initiative, known as MyBeST, to build four grid-connected battery systems of 100MW/400MWh each.
The first large-scale grid-connected energy storage project in Malaysia has attracted bids from over 20 companies, including Tenaga Nasional Berhad. (Image: TNB)
Malaysia is rapidly expanding solar and other intermittent renewable generation, creating strong momentum for energy storage. The country’s first four large-scale grid-connected storage projects have attracted significant interest, with more than 20 companies submitting over 30 proposals.
The project marks Peninsular Malaysia’s first utility-scale battery storage project. Back in February, Tenaga had talked about a battery pilot project that it said would be “operated by Grid System Operator (GSO), and overseen by the EC”.
The growth of solar and other intermittent renewables is driving demand for battery storage systems. (Photo: iStock) Malaysia is rapidly expanding solar and other intermittent renewable generation, creating strong momentum for energy storage.
IN a bid to accelerate the adoption of renewable energy (RE) and ahead of the upcoming fifth large-scale solar (LSS5) programme, the government has opened up the installation of battery energy storage systems (BESS) to third parties, under concession agreements, according to documents sighted by The Edge.