Development of Battery Energy Storage Systems in Vietnam
Vietnam began implementing BESS systems from 2019. However, due to the lack of a complete set of policies and regulations for BESS development, most BESS systems in Vietnam are
Sunita Dubey and Hyunjung Lee share how Vietnam is leveraging Battery Energy Storage Systems to stabilize their grid and accelerate the energy transition.
Government support through policy reformations, training and upskilling programs, well-planned roadmaps, awareness campaigns, and other initiatives can further attract private investment and international support. Emulating Vietnam's Strategic Approach to Energy Storage
Vietnam's innovations and recent developments in the energy sector emerge as an inspiration for the global drive towards a cleaner and more sustainable future. The nation's strategic approach to energy storage exemplifies the significance of collaboration, blended financing, and aligning initiatives with national plans.
Notably, T&T Group, a major renewable investor with a portfolio of over 2,800MW across wind, solar, and LNG-to-power projects in Vietnam, recently announced a plan to launch joint-venture battery storage products in 2026, aiming to build Vietnam into a manufacturing and technology hub for renewable energy equipment. 5
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