Filinvest Innovation Park - New Clark City (FIP-NCC) has become a pivotal center for industrial innovation and sustainability in the Philippines with the establishment of the country''s first Lithium Iron Phosphate (LFP) battery manufacturing facility. The newly inaugurated StB GIGA Factory, developed by Australia-based StB Capital Partners, signifies a leap forward in clean energy production and advanced manufacturing. Occupying two grade-A ready-built factory units spanning 5,000 square meters, the facility is located within the 120-hectare Filinvest Innovation Park in New Clark City.
Advancing clean energy and sustainable industry
The StB GIGA Factory is set to produce up to 2 gigawatt-hours of LFP batteries annually, sufficient to power approximately 18,000 electric vehicles (EVs) or over 500,000 home battery systems each year. By 2030, the plant aims to reach full operational capacity, generating an estimated PHP 5 billion in annual revenue and creating 2,500 specialized jobs. These roles, spanning engineering, operations, logistics, and technology, are expected to bolster Central Luzon''s economic growth and align with the Philippines'' clean energy goals.
Backed by eco-friendly technologies, the factory aligns seamlessly with FIP-NCC''s mission to foster green industrial development. Its operations strengthen the local clean energy sector by supplying domestically produced EV batteries, reducing import dependence, and enhancing the competitiveness of the Philippines in Southeast Asia''s renewable energy landscape.
A hub for future-ready industries
The StB GIGA Factory''s presence is a significant milestone for Filinvest Innovation Park and positions it as an ideal destination for high-impact industries. FIP-NCC is expected to attract additional investments in renewable energy, logistics, manufacturing, and data centers, creating a robust industrial ecosystem.
Located in Central Luzon, the park offers grade-A ready-built factories and premium industrial lots tailored for businesses in light manufacturing, electronics, pharmaceuticals, and e-commerce. It combines cutting-edge infrastructure with a skilled workforce, delivering a competitive edge for businesses aiming to thrive in a resilient and dynamic environment.
As FIP-NCC continues to lead the country''s transition toward green technologies, it reinforces the Philippines'' standing as a rising player in Asia''s sustainable industrial landscape.
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Home NewsroomAboitizPower inaugurates hybrid battery storage system in Davao de Oro 49-MW floating platform facility, a first in SE Asia
Aboitiz Power Corporation (AboitizPower), through its subsidiary Therma Marine, Inc. (TMI), held the ceremonial switch-on of Southeast Asia''s first 49-megawatt (MW) hybrid Battery Energy Storage System (BESS) built on a floating platform in Maco, Davao de Oro.
A BESS is a type of energy storage that uses a set of batteries to store electrical energy from the grid and released when needed to augment supply or improve the quality of the electricity in the system.
The hybrid BESS will complement TMI’s existing diesel engines by providing ancillary services, a system meant to sustain transmission capacity and grid stability, thereby helping secure an uninterrupted provision of good quality electricity. BESS stores much-needed electricity for contingency or dispatchable reserves to replenish a reduction in generation output or even reactive support to ensure power quality.
Commercially available since November 30, 2022, the hybrid BESS opens opportunities to support the influx of more variable renewable energy sources into the grid. As more renewable energy capacities penetrate the power mix, BESS can be a complement to these technologies as it can partially offset intermittencies when solar or wind power plants are unable to generate electricity.
“This groundbreaking initiative marks a significant stride towards revolutionizing the Philippines’ energy landscape,” said AboitizPower Thermal Chief Operating Officer Ronaldo Ramos.
According to Ramos, the hybrid BESS is an important addition to the growing and dynamic energy needs of the country, especially with the increase in intermittent renewable energy sources, the advent of a power reserves market, and the switch-on of the Mindanao-Visayas interconnection project. The latter two would facilitate the trading of power reserves between connected islands.
“The power barge that TMI currently operates has been in Maco, Davao de Oro since 1994. It was installed as part of the solution to address the then power crisis in Mindanao. Thirty years later, who would’ve thought that we’d still find ourselves in the same mission of supporting our beloved Mindanao, this time with an innovative twist and a different need to address – the reserve requirements of the grid,” Ramos explained.
“The BESS inauguration ceremony is a great milestone where we see a significant contribution to improving the quality of life of Filipinos through innovative solutions. We recognize [AboitizPower’s] proactive efforts in the implementation of energy efficiency and conservation and renewable energy principles through a project that showcases the actualities of meaningful collaborations,” Department of Energy Undersecretary Felix William Fuentebella shared in a video message.
AboitizPower had indicated its goal to build 3,700 MW of new RE capacity on the way to 4,600 MW by 2030. Aligned with the Philippine government''s target of a 35% RE share in the nation''s energy mix by 2030, this includes projects in solar, geothermal, hydro, and soon wind.
AboitizPower is also exploring low-carbon technologies such as liquified natural gas or LNG, nuclear, and smart power plants en route to a balanced portfolio that supports the country’s energy transition while maintaining energy security.
Amidst the increasing demand for a reliable supply of electricity in the country, AboitizPower is adding to its portfolio battery energy storage syste...
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