What is StB Giga? StB GigaFactory is a state-of-the-art renewable energy storage facility located in the Filinvest Innovation Park at New Clark City. It specializes in producing Lithium Iron Phosphate (LFP) batteries designed for residential, industrial, and utility-scale Battery Energy Storage Systems (BESS) and electric vehicle applications. This groundbreaking facility is expected to produce batteries on a gigawatt-hour (GWh) scale, revolutionizing energy storage in the Philippines.
Brief History of StB Giga: StB GigaFactory was established through a collaboration between Australian and Chinese partners, under the St Baker Capital Partners Energy Innovation Fund. The factory is set to begin operations in September, initially producing 500 megawatt hours (MWh) of energy storage per year. In the coming years, production is expected to increase to 2-3 gigawatt hours (GWh). The facility is designed to serve both domestic and international markets, with a focus on supplying solar farms and businesses in areas such as Mindanao, Cavite, Laguna, Batangas, and Rizal.
What Makes StB Giga Different? StB GigaFactory is the first of its kind in the Philippines, leading the way in renewable energy battery production. It pioneers the manufacturing of long-life LFP batteries that are fully recyclable, aligning with global sustainability trends. The factory’s role as a catalyst for the adoption of renewable energy in the country sets it apart. With local and international talent at its core, and collaborative ties with educational institutions like TESDA and UP Diliman, it represents a modern, innovative approach to sustainable energy solutions.
Impact on the Philippine Energy Industry: The launch of StB GigaFactory significantly advances the renewable energy industry in the Philippines. As the country continues its push for cleaner energy solutions, the factory enhances the capacity for energy storage, thus stabilizing renewable energy production. The Philippine President, during the factory’s inauguration, highlighted how StB Giga aligns with the government’s renewable energy goals, emphasizing its critical role in the administration’s thrust to promote renewable power. By reducing reliance on fossil fuels, StB GigaFactory strengthens the nation’s energy security and helps move toward a more sustainable energy future.
Location of StB GigaFactory: StB GigaFactory is strategically located in the Filinvest Innovation Park within New Clark City. This industrial zone is well-positioned for businesses requiring logistical efficiency and access to key infrastructures like Subic Port, making it a prime hub for industrial and technological advancements.
Why New Clark City is Advantageous for Business New Clark City, particularly the Filinvest Innovation Park, offers distinct advantages for businesses:
- Logistical Connectivity: The location’s proximity to Subic Port enhances the efficiency of supply chain logistics, crucial for export-driven industries like StB GigaFactory.
- Economic Incentives: Businesses in New Clark City benefit from tax incentives and economic benefits as part of PEZA’s pioneer status, reducing operational costs and increasing profitability.
- Skilled Workforce: The park provides access to a strong pool of skilled labor, bolstered by partnerships with local educational institutions that help develop the workforce’s technical expertise.
Impact on Philippine Tourism: StB GigaFactory’s presence in New Clark City also indirectly contributes to the tourism sector. As one of the most significant industrial hubs in Central Luzon, New Clark City has become a focal point for investment and infrastructure development. The factory’s operation showcases the Philippines’ progress in sustainability and advanced technology, enhancing the country’s image as an investment and business-friendly destination. This, in turn, has the following effects on tourism:
- Increased Business Tourism: With StB GigaFactory driving industrial growth in the region, New Clark City can attract more relevant investors, technocrats, and other business travelers, boosting local tourism.
- Showcasing Sustainability: The factory’s commitment to renewable energy positions New Clark City as a model for sustainable development, attracting eco-conscious tourists interested in how regions balance industrial growth with environmental responsibility.
- Boosting Tourism Infrastructure: The economic growth spurred by StB GigaFactory can support the development of hospitality related infrastructures and transport services, enhancing the overall tourism infrastructure in the area.
StB GigaFactory represents a pivotal shift toward renewable energy in the Philippines while contributing to economic growth, job creation, and business tourism. Its location in New Clark City, along with its strategic advantages and support for the government’s sustainability goals, cements its role as a transformative force not only in the energy sector but also in the broader industrial and tourism landscape of the country.
Contact Details
- Email: info@stbgiga.com
- Address: StB Giga Factory Inc. Filinvest Innovation Park Phase 1, New Clark City, Clark Special Economic Zone, 2315, Tarlac