Mikro MSC Partners with Tier‑1 Battery Maker to Drive Malaysia’s Energy Transition

Strategic tie-up with Hong Kong Cospower Technology to capture Malaysia’s national BESS pipeline

KUALA LUMPUR, 3 June 2026 – Mikro MSC Berhad (Mikro MSC) today entered into a Strategic Partnership Agreement with Hong Kong Cospower Technology Co., Ltd. (HKCT), the international commercial arm of Cospowers group, securing its position as HKCT’s exclusive strategic partner in Malaysia for utility large-scale Battery Energy Storage Systems (BESS) projects. 

The partnership marks a significant step in Mikro MSC’s expansion into Malaysia’s fast-growing energy storage sector, as the country accelerates its transition towards a more resilient, renewable-ready and future-proof power grid.

Cospowers group is recognised as a BloombergNEF 2025 Global Tier 1 Energy Storage Manufacturer, with more than 30 years of lithium battery technology heritage, operations across more than 70 countries and regions, and cumulative energy storage battery shipments exceeding 23GWh. Through HKCT, the group brings proven global manufacturing scale, technical expertise and deployment experience to support Malaysia’s emerging grid-scale energy storage requirements.

The signing ceremony was graced by YAB Datuk Seri Fadillah Yusof, Deputy Prime Minister II and Minister of Energy Transition and Water Transformation, as Guest of Honour. His presence reflects the national importance of energy storage in supporting the National Energy Transition Roadmap (“NETR”) and Malaysia’s broader ambition to build a cleaner, more secure and more flexible electricity system.

The Agreement was signed by Syed Mohd Hafiz Bin Syed Mohd, Executive Director and Chief Executive Officer of Mikro MSC Berhad, and William Wang, Vice President of Hong Kong Cospower Technology Co., Ltd.

Mikro MSC and Malaysia Energy Transition

Under the two-year collaboration, Mikro MSC and HKCT will jointly identify, develop, pursue, negotiate and execute BESS projects across Malaysia. The exclusivity arrangement covers utility large-scale energy storage Target Projects involving HKCT in Malaysia, including public utility-scale projects, grid-scale systems connected directly to the national power grid, renewable energy-integrated solutions such as solar-storage and wind-storage, as well as eligible commercial and industrial projects. 

This will position both parties as a competitive and preferred BESS solution provider for government-led programmes, GLC initiatives and renewable energy integration projects in the country.

Syed Mohd Hafiz, Executive Director and Chief Executive Officer of Mikro MSC Berhad, said: “Mikro MSC is a leading provider of electrical protection and power systems solutions in Malaysia, with deep relationships and an established track record built across the utilities, infrastructure and industrial sectors over nearly three decades. We are well-positioned to capture the significant opportunities that the NETR presents for the country’s energy future and long-term sustainable economic growth. In HKCT, we have found a world leader in battery energy storage technology and a natural choice of partner, one that brings cost-effective, advanced solutions precisely aligned with Malaysia’s energy transition aspirations. This partnership puts us in a formidable position to play a meaningful role in the national BESS programme.” 

World-class lithium battery

William Wang, Vice President of Hong Kong Cospower Technology Co., Ltd., said: “As the international commercial arm of Cospowers group, HKCT serves as the gateway for deploying world-class lithium battery and energy storage solutions to markets across the globe. Malaysia represents one of the most compelling growth markets for grid-scale energy storage in Southeast Asia, and this partnership reflects our commitment to establishing a strong and lasting presence here. We selected Mikro MSC as our exclusive Malaysian partner because of its technical experience, established market presence, strong sector relationships and credibility in supporting complex power infrastructure projects. We look forward to working closely with Mikro MSC to support Malaysia’s energy storage development and to build a long-term presence in this important market.”

The partnership specifically targets key opportunities under the NETR, anchored by the Malaysia Battery Energy Storage System (“MyBeST”) programme, the country’s inaugural competitive open bidding exercise for grid-scale energy storage governed by the Energy Commission (Suruhanjaya Tenaga). Under the NETR’s Responsible Transition initiative, which focuses on diversifying Malaysia’s energy mix and growing the green economy, investment opportunities are projected at between RM1.2 trillion and RM1.3 trillion by 2050. This underscores the scale of Malaysia’s clean energy transformation and the strategic importance of energy storage in enabling greater renewable energy penetration.

Launched in November 2024, MyBeST targets 400MW of battery capacity and 1,600MWh of energy storage across four projects in Peninsular Malaysia, in support of Malaysia’s target of 70% renewable energy capacity by 2050. 

As Malaysia’s renewable energy capacity continues to grow, BESS is expected to play a critical role in stabilising electricity supply, managing grid intermittency, supporting grid reliability and enabling more efficient deployment of solar and other renewable energy sources.

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