The project’s official inauguration event held in December. Image: VinGroup. A green energy subsidiary of Japanese conglomerate Marubeni has brought online a megawatt-scale battery storage demonstration project in Vietnam.
The plan also called for 300MW of battery storage deployment and 2,400MW of pumped hydro energy storage (PHES) by 2030. State-owned public power company Vietnam Electricity (VE), is participating in a 50MW/50MWh grid-scale BESS pilot project which marks a first step towards that BESS goal.
Marubeni Green Power Vietnam, a wholly owned subsidiary of Marubeni—one of Japan’s largest general trading ‘sōgō shōsha’ companies—partnered with Vietnamese counterpart VinGroup for the 1.8MW/3.7MWh lithium-ion (Li-ion) battery energy storage system (BESS) project.
The project follows a May 2023 Memorandum of Understanding (MoU) between Marubeni and VinGroup’s energy storage arm, announced just a few days after Vietnam’s government approved a Master Plan to reform the country’s energy sector.
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The project’s official inauguration event held in December. Image: VinGroup. A green energy subsidiary of Japanese conglomerate …
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