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Wärtsilä commissions 60MW / 60MWh of battery storage in Philippines

Published: 1 Jun 2021, 14:12
By:
One of the two grid-scale projects commissioned in May. Image: Wärtsilä.
Power and energy systems technology group Wärtsilä has completed work on two large-scale battery energy storage system (BESS) projects in the Philippines.
Comprising a 20MW / 20MWh system at a renewable power hub in Toledo and a 40MW / 40MWh at what is thought to be a combined cycle gas turbine power plant in Bataan, commissioning on each was achieved during May, Wärtsilä said in a press release sent to
Energy-Storage.news today.
Its customer is Universal Power Solutions, a subsidiary of vertically-integrated Filippino power company SMC Global Power. Wärtsilä had revealed last year that it received a 100MW / 100MWh order from a customer in Southeast Asia, but at that time did not disclose the customer’s name or the country where it is located, but said today that this referred to Universal Power Solutions and further projects are ....

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San Miguel allots at least $1B for battery storage projects

BusinessWorld
April 22, 2021 | 12:08 am
BW FILE PHOTO
SAN MIGUEL Corp. (SMC), through its power arm SMC Global Power Holdings Corp., is spending more than $1 billion to build new battery energy storage facilities with a rated capacity of 1,000 megawatts (MW).
In a press release issued on Wednesday, SMC said that 31 new battery energy storage units are underway. The company said that some storage facilities are in the advanced stages of completion.
“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 Ramon S. Ang was quoted as saying. ....

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BOI targets P1.25T investments for 2021, tallies P1.02T in 2020

Published February 2, 2021, 4:54 PM
The Board of Investments (BOI), the Philippine premier investment generation agency, has set a P1.25 trillion investments target in 2021, following the approval of P1.02 trillion in committed investments last year.
“We are working hard for a V-shaped Philippine economic recovery in 2021 and are hence targeting the original 2020 pre-pandemic goal for investments,” said Trade and Industry Secretary Ramon M. Lopez, who is also BOI Chairman. Following 2019’s record approval of P1.14 trillion, BOI originally set a P1.25 trillion for 2020 but has re-calibrated it to P1 trillion due to the pandemic.
Trade and Industry Secretary Ramon M. Lopez (Bloomberg file photo) ....

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BOI-approved investments top P1 trillion in 2020, targets P1.25 trillion for 2021

MANILA, Feb. 2 Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairperson Ramon Lopez announced a Php 1.25 Trillion (T) project approval target for the agency in 2021, following total approved investments of Php 1.02T last year.
“We are working hard for a V-shaped Philippine economic recovery in 2021 and are hence targeting the original 2020 pre-pandemic goal for investments,” said Lopez. Following 2019’s record approval of Php 1.14 trillion, BOI originally set a Php 1.25 trillion for 2020 but has re-calibrated it to Php 1 trillion due to the pandemic.
Towards the end of 2020, the Agency was able to achieve this target with the endorsement of the Department of Energy (DOE) of two strategic power projects and the approval of a critical water supply and distribution project which is especially crucial in ensuring water security and contributing to flood-control. Approval for 2020 reached Php 1.02 trillion, which while 11% lo ....

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Luzon power projects with supporting battery storage, financing estimated at 320 MW

BusinessWorld
January 11, 2021 | 8:04 pm
THE Energy department has identified 13 power projects in Luzon which have obtained financing and are supported by battery energy storage systems (BESS), with their combined capacity at 320 megawatts (MW), according to the department’s tally of private sector-initiated committed power projects.
Committed projects are those that have achieved financial closing with their investors or bankers. Storage allows irregular sources of power like solar to stockpile power while supply is plentiful and then discharge power when the source is unavailable, for example at night. The tally of storage-supported renewable projects indicates the volume of renewable power that might be reliably available to the grid. ....

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