As Vietnam accelerates its transition to clean energy, VG Energy has announced a bold new initiative to deploy utility-scale energy storage systems (ESS) that will strengthen the country’s renewable power infrastructure and support its long-term energy goals under the national Power Development Plan (PDP VIII).
Recognizing the complexity of transitioning from fossil fuels, VG Energy says the solution lies not only in renewable generation, but also in a robust energy storage platform that ensures stability, reliability, and efficiency of power supply.
“We live in a time when 5G, artificial intelligence, and nanotechnology are shaping our future, yet much of our energy still comes from 19th-century combustion methods,” said a VG Energy spokesperson. “Our vision is to provide a clean, safe, and economically viable alternative by harvesting energy from the wind and sun—and storing it for when it’s needed most.”
Energy Storage: The Backbone of a Clean Energy Future
Vietnam’s power sector is undergoing a major transformation. As of 2020, the country had installed 16.6 GW of solar and 0.6 GW of wind capacity, contributing 9.8% and 0.8% to the national power supply respectively. Under PDP VIII, Vietnam aims to significantly expand these figures by 2030.
However, integrating intermittent solar and wind power into the grid presents a major challenge.
VG Energy’s ESG∙Power platform will deploy a network of reliable energy storage systems across the country to enhance grid stability, boost energy security, and support economic growth. The company’s storage solutions are designed to work seamlessly with renewable installations, absorbing excess generation during peak production hours and discharging energy when demand is high or supply dips.
Why Vietnam Needs Energy Storage Now
The push toward renewables is being shaped by more than just climate goals. Rising coal and natural gas prices, growing power demand, and the need for supply security are all accelerating the need for advanced infrastructure.
By 2030, Vietnam’s energy storage market is projected to grow to $35 billion, driven by:
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Increasing penetration of variable renewables
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Need for grid stability and reliability
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Government climate commitments and carbon reduction goals
Aligning with Vietnam’s National Vision
VG Energy’s initiative supports Vietnam’s clean energy roadmap and aligns with PDP VIII by enabling a scalable, flexible and secure energy system that meets future power demands without compromising the environment.
“We understand that renewable transition is not just about replacing fossil fuels—it’s an infrastructure challenge,” said the VG Energy spokesperson. “Our platform will serve as a critical backbone, allowing Vietnam to expand its power generation capacity while achieving its clean energy ambitions.”
As Vietnam emerges as a regional clean energy leader, VG Energy’s entry into the market is expected to accelerate renewable adoption, enhance economic resilience, and solidify the country’s commitment to a sustainable energy future.
