With anticipated robust uptake from renewable energy (RE) developers, US-headquartered Amber Kinetics will double its production of kinetic energy storage systems (KESS) or “flywheels” by the end of the year at the completion of its manufacturing facility expansion in Santo Tomas, Batangas. In a br
FLYWHEEL TECHNOLOGY. A kinetic energy storage system using flywheel technology of Amber Kinetics. Flywheel technology is a battery that stores energy in the form of kinetic energy. (Photo courtesy of Amber Kinetics) MANILA - Amber Kinetics will complete its second manufacturing plant of kinetic energy storage system (KESS) here by the end of this year, expanding its production capacity by more than double. In a media briefing Wednesday, Amber Kinetics Philippines director for business development Roberto Kanapi said the new manufacturing line for its flywheel technology will increase the company's capacity to produce 1,800 to 2,000 KESS annually. The firm's facility in the First Philippine Industrial Park in Sto. Tomas, Batangas currently manufactures 600 to 700 units of flywheel energy storage in a year. Kanapi said the new line is expected to cater to the huge demands from Australia, as well as the increasing demand in the Philippines amid the increasing renewable energy proj
State-owned Development Bank of the Philippines (DBP) has granted a P750-million revolving credit line to a fledgling energy firm for the manufacture and