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Stock impact report

SUNGROW and MSR-GE Ink Partnership Agreement for 100MW/400MWh Sabah Battery Energy Storage System Project [Yahoo! Finance]

TENAGA NASIONAL BERHD ADR (TNABY) 
NASDAQ:AMEX Investor Relations: tnb.com.my/contact-us/investor-relations
Company Research Source: Yahoo! Finance
Sabah, Malaysia This project is expected to play a crucial role in the region's transition to renewable energy and sustainable development. The final installed capacity will be 517MWh to meet the client's long-term capacity needs. MSR-GE, the lead company in the venture, successfully secured the tender from Sabah Electricity Sdn. Bhd. (SESB) and accepted a Letter of Award dated September 11, 2024 . The contract, valued at approximately RM645 million , covers the engineering, procurement, and construction of the Sabah BESS Project. The signing ceremony was attended by Sungrow Senior Vice President Mr. James Wu and MSR-GE Director Mr. Xavier Qiang at Sungrow's headquarters. The BESS project will utilize cutting-edge battery technology, an advanced Power Conversion System, a Medium Voltage system, and an Energy Management System, all designed to ensure efficient performance and operational stability. As a market leader, Sungrow offers MSR-GE a complete solution that integrates i Show less Read more
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