Successful bid price of office building energy storage project in Malaysia 2025

What is the bidding process for the Bess programme?

For the BESS programme led by the Ministry of Energy Transition and Water Transformation (Petra), the bidding process will be conducted in two stages, starting with a request for qualification (RFQ) where interested bidders may submit their qualifications to the Energy Commission (EC).

Is the government opening up battery energy storage systems to third parties?

IN a bid to accelerate the adoption of renewable energy (RE) and ahead of the upcoming fifth large-scale solar (LSS5) programme, the government has opened up the installation of battery energy storage systems (BESS) to third parties, under concession agreements, according to documents sighted by The Edge.

Should re producers install Bess at their solar farms?

Independent RE producers are also encouraged to install BESS at their solar farms. For instance, Tenaga and UEM Group Bhd-backed NUR Power Sdn Bhd are involved in the development of a 400mwh BESS facility for RM600 million. The project marks Peninsular Malaysia’s first utility-scale battery storage project.

How are Bess projects funded?

At the moment, BESS projects are awarded directly, as the system is still in the pilot phase. Independent RE producers are also encouraged to install BESS at their solar farms. For instance, Tenaga and UEM Group Bhd-backed NUR Power Sdn Bhd are involved in the development of a 400mwh BESS facility for RM600 million.

How much does a Bess project cost?

Each project must start operations by 2026 and is expected to have commercial operations spanning over a period of 15 years. Solarvest Holdings Bhd (KL: SLVEST) group CEO Davis Chong estimates the installation cost of BESS to be around US$200 per kilowatt-hour (kWh), translating to about RM400 million for the 400mwh project.