SMC to spend $1B to build battery energy storage systems

SMC Global Power Holdings Corp. (SGPHC), the power arm of San Miguel Corp., will spend $1 billion to put up 31 new battery energy storage facilities nationwide totaling 1,000 megawatts.

Some of these facilities are now in the advanced stages of completion, SMC said.

The facilities will rise in several strategic sites around the country where power quality mitigations are required.

“Our ongoing investment into battery energy storage facilities will greatly benefit power consumers all over the country, because this will mean that even faraway provinces or areas, can have the same stable and good quality power supply as everywhere else,” SMC president and COO Ramon S. Ang in a statement.

In 2018, SGHPC completed the very first battery energy storage facility in the country in its power plant in Masinloc, Zambales.

It has since embarked on a project of such historic scale using a relatively new technology capable of improving power quality throughout the grid system and facilitating integration of renewable power sources into the country’s generation portfolio.

The technology is also a major step towards making intermittent renewable energy more viable in the country.

“This means that provinces and islands will have better and more equal opportunities for industrialization and economic growth. If previously some areas could not attract investments because of unstable or poor power supply, battery energy storage will make power supply more stable and reliable. Battery storage will significantly reduce imbalances in the grid that cause power interruptions and brownouts,” Ang said.

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