Ramon S. Ang (File photo by LEO M. SABANGAN II / Philippine Daily Inquirer)
Listed conglomerate San Miguel Corp. is offering battery energy storage system for about P2 to P3 per kilowatt-hour as part of its efforts to increase its portfolio of sustainable power supply solutions, its top executive said.
“Our selling price for battery is around P2 per kilowatt-hour only,” said SMC president and CEO Ramon Ang. “Even if I sell it at P3 [per kWh], they will still buy it.”
SMC, through its power arm SMC Global Power Holdings Corp. (SMCGP), completed in June this year 500 megawatt hours of battery energy storage system (BESS) facilities nationwide, which it said was the largest of its kind in Southeast Asia.
SMCGP earmarked more than $1 billion to finance the construction of more than 31 battery energy storage facilities to ensure “reliable power supply nationwide, even in…
San Miguel readies region’s largest battery energy storage system
