Technical FAQs 4

How much power will Vietnam have by 2030?

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.

Why should Vietnam invest in a lithium battery?

The declining cost of lithium battery cells, coupled with technological advancements, has made BESS increasingly affordable and accessible, according to Contemporary Amperex Technology, the world’s largest battery manufacturer. Vietnam should capitalise on this trend to attract investment, create green jobs, and enhance energy security.

Who owns Marubeni green power Vietnam?

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.

Did Marubeni launch a megawatt-scale battery storage demonstration project in Vietnam?

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.

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