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 : Just For Kicks: (REPEAT) We look back at the semi final matches...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Sharmini Ann Jacob from KPMG Malaysia talks about turning national workforce priorities into real organisational capability, in the age of AI.

12:00 PM

Just For Kicks

(REPEAT) We look back at the semi final matches of the Carabao Cup that saw Arsenal and Man City booking their places in the final, and look ahead to Matchweek 25 of the EPL!

1:00 PM

A Bit of Culture

(REPEAT) Kam, Zan Azlee and Hafiz Noor Shams sit down together to talk about EPF retirement fund, James Brooke and the collapsing prestige of the west.

2:00 PM

Ringgit & Sense

(REPEAT) Ian Wong, Founder & CEO of Uno Advisers and licensed financial planner, shares the financial mistakes you don’t want to make in 2026.

2:30 PM

The Property Show

(REPEAT) Dr. Tan Loke Mun, Principal of DrTanLM Architect, assesses KL's River of Life project 15 years on.

3:00 PM

Best of The Bigger Picture

(REPEAT) What do the Epstein files teach us about power? To try and make sense of it all, we speak to Peter Beattie, Political Economist and Political Psychologist from the Chinese University of Hong Kong (CUHK)

4:00 PM

Best of Evening Edition

(REPEAT) With the launch of the Education Plan 2026–2035, we examine whether it can realistically deliver on the country’s ambitions as the government maps out its next decade-long direction for the education system.

5:00 PM

BBC World Service

This special episode of The Life Scientific features Dr. Eleanor Schofield, talking about her work conserving centuries-old wood and metal.