KUALA LUMPUR: Mikro MSC Bhd
has inked an agreement with Hong Kong Cospower Technology Co Ltd (HKCT) to be its exclusive strategic partner in Malaysia for utility large-scale battery energy storage systems (BESS) projects.
HKCT is the international commercial arm of Cospowers group, which brings global manufacturing scale, technical expertise and deployment experience to support Malaysia’s emerging grid-scale energy storage requirements.
Under the two-year collaboration, Mikro MSC and HKCT will jointly identify, develop, pursue, negotiate and execute BESS projects across Malaysia.
The exclusivity arrangement covers utility large-scale energy storage Target Projects involving HKCT in Malaysia, including public utility-scale projects, grid-scale systems connected directly to the national power grid, renewable energy-integrated solutions such as solar-storage and wind-storage, as well as eligible commercial and industrial projects.
In a joint statement, the companies said this will position them as a competitive and preferred BESS solution provider for government-led programmes, GLC initiatives and renewable energy integration projects in the country.
"We are well-positioned to capture the significant opportunities that the NETR presents for the country’s energy future and long-term sustainable economic growth.
"In HKCT, we have found a world leader in battery energy storage technology and a natural choice of partner, one that brings cost-effective, advanced solutions precisely aligned with Malaysia’s energy transition aspirations," said Micro MSC executive director and COE Syed Mohd Hafiz.
HKCT vice-president William Wang added that Malaysia represents one of the most compelling growth markets for grid-scale energy storage in Southeast Asia. "This partnership reflects our commitment to establishing a strong and lasting presence here," he said.
The partnership specifically targets key opportunities under the National Energy Transition Roadmap (NETR), anchored by the Malaysia Battery Energy Storage System (MyBeST) programme, the country’s inaugural competitive open bidding exercise for grid-scale energy storage governed by the Energy
Commission.
