Parent company EVN inaugurated its first 50MW/50MWh BESS pilot in northern Vietnam in 2024.
“The commissioning of BESS is not intended to replace existing power sources, but rather to add a technical tool that helps the power system be more proactive in responding to load fluctuations, while also creating a foundation for researching modern grid operation models in the future,” Deputy director of EVNHANOI’s project management board, Pham Huu Manh, said.
The project’s battery storage equipment was supplied by the energy storage arm of Vietnamese electric vehicle (EV) company VinFast, which, in turn, is a subsidiary of Vietnam’s largest trading conglomerate VinGroup.
VinFast Energy integrates and markets BESS solutions. It entered a partnership with Japanese conglomerate Marubeni in 2023 to work on BESS projects in Vietnam, and in late 2024, the pair put into operation a 1.8MW/3.7MWh BESS project in Nha Trang, Khanh Hoa province.
In 2022, Chinese battery manufacturer Gotion High-Tech broke ground on Vietnam’s first lithium iron phosphate (LFP) battery gigafactory, to make cells for VinGroup’s EV and BESS businesses.
