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) We discuss how AI is shaping information, engagement, and credibility in the digital age with Kiron Kesav, Chief Strategy Officer, PHD APAC at OMG Malaysia.

12:00 PM

Popcorn Culture

(REPEAT) We review Zootopia 2 and then ask: What (or who) are your favourite on-screen animal characters?

1:00 PM

Cruise Control

(REPEAT) We talk about Perodua's new EV, the QV-E and the conversations surrounding it. Daniel also shares his thoughts on the recently launched luxury sedan from JAC, the Maestro S800.

2:00 PM

Matt-Splained

(REPEAT) We look at the benefits of pressure washing your brain, Matt’s morbid curiosity and Richard’s misconceptions about horror fans.

3:00 PM

Earth Matters

(REPEAT) We speak to Meenakshi Raman about what COP30 in Belém achieved, what fell short, and what the outcomes mean for global climate action.

4:00 PM

Bar None

(REPEAT) We look ahead to the upcoming SEA Games and Malaysia's chances in the tournament.

5:00 PM

BBC World Service

What kinds of food and drink help people keep warm while living in extreme cold? The Food Chain explores.