Mikro MSC Partners with Hong Kong Firm for Utility-Scale Battery Storage in Malaysia

Mikro MSC Berhad has entered into a strategic partnership with Hong Kong Cospower Technology Co., Ltd. (HKCT) to explore the development of utility-scale Battery Energy Storage Systems (BESS) across Malaysia.

This collaboration is in direct support of Malaysia's national energy transition agenda, outlined in the National Energy Transition Roadmap (NETR). The NETR projects a substantial investment potential ranging from RM1.2 trillion to RM1.3 trillion by 2050. The partnership also targets opportunities within the Malaysia Battery Energy Storage System (MyBeSS) program, which involves Malaysia's first competitive open bidding for grid-scale energy storage projects regulated by the Energy Commission.

Syed Mohd Hafiz Syed Mohd, CEO of Mikro MSC Berhad, expressed confidence in the company's position to capitalize on the NETR's opportunities. "We are well-positioned to seize the significant opportunities brought by NETR for the nation's energy future and long-term sustainable economic growth," he stated. He highlighted that the partnership with HKCT provides a world-class strategic ally in battery energy storage technology, offering advanced and cost-effective solutions that align with Malaysia's energy transition aspirations.

William Wang, Vice President of HKCT, identified Malaysia as a highly promising market for grid-scale energy storage growth in Southeast Asia. "Mikro MSC's selection as the exclusive partner in Malaysia was based on its technical expertise, strong market position, and track record in supporting large-scale energy infrastructure projects," Wang commented. He added, "We look forward to working closely with Mikro MSC to support the development of the nation's energy storage sector and build a long-term presence in this strategic market."

The agreement, witnessed by Deputy Prime Minister Datuk Seri Fadillah Yusof, marks a significant step for Mikro MSC in expanding its involvement in the rapidly growing energy storage sector. Over the next two years, both companies will identify, develop, explore, negotiate, and implement BESS projects nationwide. The MyBeSS initiative, launched in November 2024, aims to deploy 400 MW of battery capacity and 1,600 MWh of energy storage across four projects in Peninsular Malaysia, supporting the national goal of achieving 70% renewable energy capacity by 2050.