AboitizPower is adding to its portfolio battery energy storage system (BESS) projects that will help ensure grid stability through sufficient ancillary services, the company said in a statement on Thursday.
BESS is a storage system that is capable of storing energy electrochemically. It can be connected to the grid, distribution system, or end-user facility to deliver the energy demand when needed, the company said.
“Our foray into battery technology is a key component of our 10-year growth strategy, which ultimately aims to address the energy trilemma of energy security, energy equity, and environmental sustainability,” AboitizPower president and chief executive officer Emmanuel R…
Keep on reading: AboitizPower ventures into battery technology business