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



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Carlos Casanova, Senior Economist, UBP tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Trung Ghi, Head of Energy & Utilities Practice, Arthur D. Little, Asia Pacific on the rare earth global supply chain.

7:45 AM

Morning Brief

Prof. James Chin of the University of Tasmania weighs in on Sabah’s 40% revenue ruling.

8:00 AM

The Breakfast Grille

Frank Wee of Insights Analytics Bhd shares the company’s next growth phase ahead of its Bursa ACE Market listing.

8:30 AM

Morning Brief

Dr. Khoo Ying Hooi, Universiti Malaya discusses expectations for the ASEAN Summit.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Carlos Casanova, Senior Economist, UBP tells us where international markets are heading.

9:15 AM

Opening Bell

We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

The Property Show

Kelvin Yip, President of MIEA discusses how the industry is working to raise standards amid fraud and illegal practices.

10:05 AM

Open For Business

Keong Chun Chieh, Founder & CEO, IGL Coatings

11:00 AM

The Workplace

David Barr, CEO - Offshoring, Robert Walters

12:00 PM

Enterprise Explores

Aparna Bharadwaj, Managing Director & Senior Partner; and Global Leader of BCG’s Global Advantage Practice

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

6:00 PM

Big Issue

7:00 PM

Stories of KL

We speak to Jeffrey Lim about keeping film alive through Kanta Studio, and how analogue photography helps preserve the city’s visual memory.

8:00 PM

Cruise Control

Daniel Fernandez, Managing Editor, dsf.my