Press Release
The Philippines is set to host South East Asia’s first floating energy storage solution
Fun Fact:
After almost 10 years, Finland reopens embassy in Manila last December 2020
The Philippines is set to host South East Asia’s first floating energy storage solution following the signing of a partnership deal between technology firm Wärtsilä and utility Therma Marine Inc.
An engineering, procurement, and construction deal signed by the two companies will enable Wärtsilä to provide the utility with a 54MW/32MWh energy storage system.
Wärtsilä will provide ten of its GridSolv Max energy storage systems and an advanced energy management platform.
The solution will provide flexibility for TMI in their ancillary service contract with the National Grid Corporation of the Philippines.
The energy storage plant will be installed in the province of Davao de Oro, next to an existing 100MW thermal power plant in Maco municipality.
The project is set to be completed in the fourth quarter of 2021.
This will be the first ever deployment of a floating energy storage solution in the South East Asia region.
The floating power barge will enable a fast supply of electricity to areas with limited infrastructure and is a mobile asset, enabling relocation or trade.
#Maco
#DavaoDeOro
#PhilippineConstructionBoom
#Finland
Power Engineering INT/Wikipedia (Maps)
https://www.powerengineeringint.com/smart-grid-td/energy-storage/philippines-to-host-south-east-asias-first-floating-energy-storage-solution/
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