PEREGRINE COLD LOGISTICS ENTERS INDONESIA WITH JOINT VENTURE

KUALA LUMPUR, Sept 1 (Bernama) -- Peregrine Cold Logistics (Peregrine), Asia’s unified cold storage and logistics platform, has entered Indonesia through a joint venture with Indonesian real estate developer Sinar Primera to acquire and develop tier-one cold storage assets across the country.

The partnership combines the acquisition of an existing Sinar Primera-owned facility in Pluit with a new greenfield development in Narogong, expanding Peregrine’s cold chain footprint in Southeast Asia’s largest economy.

Peregrine co-founder and chief executive officer, Jeff Hogarth said the Indonesia entry marks a significant milestone in the company’s strategy to build an integrated international cold chain platform.

“Our objective is not simply to build capacity in Indonesia, but to connect the market into our broader ASEAN and Gulf Cooperation Council (GCC) network, creating a more integrated logistics solution for customers and a platform for long-term growth across the region,” he said in a statement.

Meanwhile, Sinar Primera Group head, Hong Kah Jin said the partnership combines Peregrine’s cold chain expertise and international client base with Sinar Primera’s local market execution and infrastructure capabilities, supporting Indonesia’s growing demand for temperature-controlled infrastructure.

The partnership builds on Peregrine’s existing cold chain platform in the Philippines and is aimed at addressing rising demand for modern cold storage infrastructure in Indonesia, driven by rising incomes, urbanisation and increasingly sophisticated food and retail sectors.

The Pluit facility is strategically positioned to serve customers across northern and western Jakarta, while the new Narogong facility will feature semi-automated freezer and chiller capacity meeting global standards and anchor a hub-and-spoke network.

Together, the facilities are expected to support food producers, importers and exporters, fast-moving consumer goods (FMCG) companies and quick-service restaurant (QSR) chains, while strengthening food safety and security across Indonesia’s supply chains.

The joint venture will leverage Sinar Primera’s local market development expertise, land access and execution capabilities alongside Peregrine’s international cold chain network and operational experience to scale its Indonesian platform.

-- BERNAMA

SIGENERGY LAUNCHES ALL-IN-ONE SMART ENERGY SOLUTION IN THAILAND

KUALA LUMPUR, Sept 1 (Bernama) -- Sigenergy has launched its latest all-in-one smart energy solution, SigenStor NEO, in Thailand, expanding its smart energy solutions business in the country.

In a statement, the company said the launch event at Capella Bangkok drew more than 600 attendees and marked the official introduction of the system, including its pricing.

Sigenergy Managing Director of Asia Pacific, Allen Zhang, said the company aims to drive the growth of the energy market through artificial intelligence (AI)-powered technology while enhancing the consumer experience.

Meanwhile, Sigenergy Thailand Managing Director, Tanakrit Chotipetch said the launch reflects the company's commitment to providing Thai consumers with smart energy technology that is easy to use, convenient to install and delivers long-term value.

SigenStor NEO integrates energy control, generation, storage and backup power into a single platform, designed to simplify installation and system management. Its compact, modular architecture allows battery capacity to be expanded according to individual household energy needs.

The system features Smart Port, Backup Port and Grid Port connectivity, as well as a built-in Battery Optimiser. Users can manage the system through the mySigen app, which uses AI technology to analyse, plan and optimise energy consumption.

The Thailand launch marks another step in Sigenergy's expansion of smart residential energy solutions, giving households greater flexibility and efficiency in managing energy consumption.

-- BERNAMA