<
https://reneweconomy.com.au/st-baker-battery-giga-factory-starts-commercial-production-in-the-philippines/>
"A gigawatt-scale battery manufacturing plant backed by – and named after – the
energy innovation vehicle of former Australian coal baron Trevor St Baker has
begun commercial production in the Philippines.
The StB Giga Factory was officially launched on Monday by Philippines President
Ferdinand Marcos Jr at a ceremony at the New Clark City plant attended by St
Baker and the managing partner of his StB Capital Partners fund, Chris Hay.
Construction of the lithium iron phosphate (LFP) battery factory began in July
2023 with a strategic investment from StB Capital Partners and its Chinese
joint development partners.
The plant will initially have a production capacity of 300MWh a year – the
equivalent of about 30,000 home battery storage systems – which will supply the
local Philippines market, its Asian neighbours, as well as Australia and US.
But in March of this year, the joint venture partners agreed to “rapidly scale”
the factory and boost production to 2GWh of battery storage by 2030, or
earlier. The plant currently employs about 40 workers, but this number is
expected to grow towards 150 by next year – and to 500 at full 2GWh capacity.
“StB Giga Factory is positioned to capture the once-in-a-century transition
towards a renewable energy electricity system, in which LFP batteries are
expected to play a pivotal role,’’ St Baker said in a statement on Tuesday.
“It realises our vision to transform the Southeast Asian energy storage
landscape by producing advanced LFP batteries for residential, industrial and
utility scale Battery Energy Storage Systems as well as Electric Vehicles (EV)
and Electric Charging Stations,” St Baker said.
“Next generation batteries are the cornerstone of the energy transition,
powering sustainable infrastructure and clean transport systems from battery
energy storage systems (BESS) and electric vehicles to EV charging,’’ Hay
added."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
