BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  Building 'Giant Power Banks': A $50M Bet on Malaysia

Building 'Giant Power Banks': A $50M Bet on Malaysia

Peter Phang, Executive Director, SynVista Energy Malaysia

15-Jul-25 10:00

Building 'Giant Power Banks': A $50M Bet on Malaysia

Singapore-based SynVista Energy is investing US$50 million to build a large-scale energy storage manufacturing facility. But what makes Malaysia the right hub for their regional ambitions, and what does this mean for the future of clean energy in Southeast Asia?

Executive Director Peter Phang joins us to break down the strategy behind this major investment. He explains their core product, AI-powered Battery Energy Storage Systems (BESS) that act like "giant power banks", and how they are crucial for stabilising the grid as more renewables come online.

We discuss:

  • The strategy behind their $50M investment in a Malaysian manufacturing hub.

  • How their AI-powered BESS helps manage energy costs and grid stability.

  • Why Malaysia was chosen over regional competitors for this facility.

  • Their plan to build a "center of excellence" and develop local talent.

  • The key growth drivers for the energy storage market in ASEAN.

For leaders in the energy and manufacturing sectors, and investors in CleanTech, this is a dive into the business of energy storage and a case study in building a high-tech hub in Malaysia.

Produced by: Roshan Kanesan, Carol Wong

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologyCorporatesmarketsenvironment

Tags:  energy storageai in energyrenewable energycleantechmanufacturing





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Roti Boy founder Hiro Tan joins us to share his incredible journey from making pau as a child to a pivotal turning point at Wisma Sentral that sparked a regional franchise.

12:00 PM

Just For Kicks

(REPEAT) We return from the international break, raring to go ahead as the pundits look ahead to Matchweek 4 of the English Premier League, including the Manchester derby on Sunday.

1:00 PM

A Bit of Culture

(REPEAT) Kam Raslan and his two guests, Michael Gong and Ahmad Yazid to talk about the appeal of action sports, the joy of missing out and what was it like growing up back then.

2:00 PM

Ringgit & Sense

(REPEAT) Idham Idris, Director of Corporate Treasury Investment Services at Wealth Vantage Advisory talks about financial goals in your 40s and 50s.

2:30 PM

The Property Show

(REPEAT) Patrick Au, CEO of VYROX discusses how the smart home technology has evolved over the years.

3:00 PM

Best of The Bigger Picture

(REPEAT) We speak with Nalini Elumalai, one of the key coordinators of the Gerakan Mansuh ISA rally in the mid-2000s, about the struggle to abolish the draconian law and the lessons learned along the way.

4:00 PM

Best of Evening Edition

(REPEAT) We speak to Dewan Rakyat Speaker, Tan Sri Dato' Johari bin Abdul about the Indonesian protests and what it says about parliamentary accountability.

5:00 PM

BBC World Service

This episode of People Fixing The World focuses on a new method of farming that is helping the farmer’s community in Malawi.