Partnership

Mikro MSC becomes Hong Kong Cospower's exclusive Malaysian storage partner

Bursa-listed Mikro MSC signs a two-year exclusive tie-up with Hong Kong Cospower Technology to chase Malaysia's grid-scale battery pipeline.

Reported by Utusan Malaysia · · Malaysia
Mikro MSC becomes Hong Kong Cospower's exclusive Malaysian storage partner

Mikro MSC Berhad, listed on Bursa Malaysia, has signed an exclusive two-year strategic partnership with Hong Kong Cospower Technology (HKCT) to jointly develop utility-scale battery energy storage projects in Malaysia. Under the agreement HKCT names Mikro MSC as its sole local partner, pairing the Hong Kong group's battery manufacturing and system expertise with Mikro MSC's role as project developer and local market channel.

The tie-up is aimed at the opportunities opening under the National Energy Transition Roadmap (NETR) and the MyBeST programme, Malaysia's first competitive tender for grid-connected storage. The two companies say they will identify, evaluate and deliver projects together, spanning utility-scale systems on the national grid, solar and wind paired with storage, and eligible commercial and industrial installations.

According to Utusan Malaysia, the signing was witnessed by Deputy Prime Minister Datuk Seri Fadillah Yusof, who also leads the Ministry of Energy Transition and Water Transformation. Mikro MSC chief executive Syed Mohd Hafiz Syed Mohd described HKCT as a world leader in storage technology and a natural partner, while HKCT vice-president William Wang called Malaysia one of South-east Asia's most promising markets for grid-scale storage.

The agreement is a framework to pursue projects rather than a confirmed award, and no deal value or capacity commitment was disclosed. Even so, it is an early marker of how Malaysia's storage pipeline is taking shape: through exclusive partnerships that match overseas manufacturing scale with listed local developers positioning for the first wave of NETR and MyBeST bids.

This is a UniBess summary of reporting by Utusan Malaysia. Read the original

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