Conglomerate San Miguel Corp. said Thursday it completed 500-megawatt-hours of battery energy storage system facilities to address the need for grid frequency fluctuation, voltage stability and power reserves.
“We now have an installed storage capacity of 500 MWh that are ready for deployment any time. We hope to complete even more facilities, and bring our total capacity to 700 MWh by the end of this year,” SMC president Ramon Ang said.
Ang said the rest of the BESS projects are in various stages of development. “But we are looking to complete all 31 facilities with a total storage capacity of 1000 MWh within the next 12 months,” he said.
SMC, through power arm SMC Global Power Holdings Corp. , is spending over $1 billion to build the 31 new BESS nationwide. “With the integration of this technology into our electrical grid, we are confident we can improve power quality and help address the intermittent nature of renewables,” Ang said.