San Miguel power unit to build more batteries

MANILA, Philippines — The energy subsidiary of San Miguel Corp. is doubling down on its expansion with more battery energy storage system (BESS) facilities targeted for completion in 2026. Based on its disclosure to the Philippine Dealing & Exchange Corp., San Miguel Global Power Holdings Corp.’s (SMGP) 1,000-megawatt-hour (MWh) BESS network is nearing completion. BESS