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MSB Global and China’s Zhejiang GSP&DC to explore energy storage in Malaysia using hybrid battery tech.
MSB Global Group Berhad has signed a strategic MoU with China’s Zhejiang GSP&DC Energy Technology to explore energy storage opportunities in Malaysia, focusing on commercial, industrial, and select residential markets.
The collaboration leverages Zhejiang GSP&DC’s solid-liquid hybrid battery technology and MSB’s local distribution network and operational experience.
The agreement enables joint market studies and project evaluations without binding commitments, allowing for cautious, demand-driven progress.
The move supports Malaysia’s renewable energy goals and grid stability efforts, while MSB maintains its focus on core automotive aftermarket and lubricants businesses, evaluating any energy involvement for risk, demand, and sustainability.
MSB Global y Zhejiang GSP&DC de China explorarán el almacenamiento de energía en Malasia utilizando tecnología de baterías híbridas.