EcoJoule Energy has secured its first sale to Malaysia, adding one of Southeast Asia’s most important electricity markets to its growing global footprint.
The sale to Tenaga Nasional Berhad, Malaysia’s national electricity company and operator of the electricity grid throughout Peninsular Malaysia and Kuala Lumpur, includes multiple EcoVAR ALTO pole-mounted STATCOMs and EcoSTORE pole-mounted battery energy storage system units.
EcoJoule says this first shipment of EcoVAR units left Australia this week with the EcoSTORE units to leave in eight weeks.
CEO Mike Wishart says the new sale reflects growing global demand for technologies that help electricity networks manage the growth of renewable energy and its impact on the grid.
“Malaysia represents an important new market for EcoJoule and demonstrates the increasing international recognition of Australian innovation in electricity network management,” Wishart says.
“Across the world, network operators are facing many of the same challenges. As solar penetration continues to increase, particularly on distribution networks, utilities need smarter and more flexible ways to manage voltage stability and power quality.”
Wishart explains that the challenges facing electricity networks in Asia, Australia, and Europe share a common theme.
“The transition to cleaner energy is creating increasingly dynamic and complex power flows,” he says.
“EcoJoule’s technologies are designed specifically to help networks adapt to that transition efficiently and sustainably.”
EcoVAR is a pole-mounted static synchronous compensator that uses advanced power electronics and software to regulate voltage and reactive power on low-voltage networks in real-time. The technology enables network operators to integrate greater levels of distributed renewable energy and electrification technologies while improving power quality and reducing the need for costly network upgrades.
EcoSTORE is the company’s pole-mounted battery energy storage platform, designed to provide distributed storage capacity within local electricity networks. The system helps manage peak demand, supports renewable energy integration, improves network resilience, and enables more efficient utilisation of grid infrastructure.
EcoJoule Energy is an Australian energy grid technology company providing solutions that help electricity distributors integrate renewable energy, improve power quality, and manage grid reliability.
Write to Aaliyah Rogan at Mining.com.au
Images: EcoJoule Energy
