This innovative platform is designed to rapidly accelerate the adoption of battery energy storage systems (BESS) across the region, bringing together vital human and financial resources to make BESS projects a reality. . A joint venture between Scatec ASA (OSL:SCATC) and Aboitiz Power Corp (PSE:AP) has reached financial close on two battery energy storage system (BESS) projects in the Philippines, with a combined capacity of 80 MW, and can now get ready to launch construction works. The initiative is backed by a substantial grant, with $500,000 (Php 28. 7. . the Masinloc Power Plant from AES Philippines. It also said the BESS would complement its existing diesel engines by supplying an wer station, grid-connected a more. .
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