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As Vietnam accelerates its energy transition and positions energy storage as critical infrastructure under its PDP8 roadmap, unlocking effective financing and investment mechanisms has become a key challenge. Leveraging its “Capital + Technology + Data” approach, Neovest is delivering a practical, execution-focused pathway to support the large-scale deployment of energy storage projects across Vietnam.

On January 21, 2026, at the headquarters of Vietnam Electricity (EVN), the Forum “Realizing the Objectives of the Politburo’s Resolution 70 on Ensuring National Energy Security” was held with the participation of government authorities, experts, enterprises, and investors from Vietnam and abroad. The Forum was jointly organized by the Electricity Authority of Vietnam and the Vietnam Energy Association. Participating in the Forum, Neovest Nanjing Digital Technology Co., Ltd. (Neovest) made a strong impression through a keynote presentation on energy storage - a component playing an increasingly important role in Vietnam’s energy transition and national energy security.

In Hanoi, Mr. Nguyen Tai Anh, Deputy General Director of Vietnam Electricity (EVN), recently held a working session with Samsung SDI Vietnam (SDIV), a member of the Samsung Group, to exchange information and explore potential cooperation opportunities in the field of energy storage.

As Vietnam increases the share of renewable energy (RE) in its power mix, towards 28-36% by 2030 and 74-75% by 2050, grid stability becomes a critical challenge. Inverter-based RE sources such as solar and wind are variable by nature, meaning the power system needs firming capacity to ensure a reliable supply, especially during periods when RE generation is low. Long Duration Energy Storage (LDES), particularly Pumped Hydro Storage (PHS) and long-duration BESS (discharge continuously for 8 hours or more), plays a key role in enabling this. Without it, Vietnam risks curtailing clean energy, increasing reliance on fossil backup, and missing its energy transition goals.

On June 14-16, Intersolar Europe, a global photovoltaic event, was grandly kicked off in Munich, Germany. Solis is committed to being the most professional manufacturer of energy storage and photovoltaic inverters, demonstrating a new generation of photovoltaic energy storage solutions on the spot. The full-scenario collaborative green power utilization used innovation to break new ground.

On November 24, 2021, with the support of the State central management agencies, the Ministry of Industry and Trade (MOIT), the Office of the National Steering Committee for Electricity Development (ONEDSC), the Electricity Regulatory Authority (ERAV), the Electricity of Vietnam (EVN), a number of Vietnamese and international organizations and enterprises… The Scientific Council of Vietnam Energy Magazine will organize a workshop on “Application of the energy storage systems and technologies for efficiency improvement of the renewable energy (RE) projects in Vietnam”.

On June 4, 2021 at SNEC 2021, Shanghai, China, Huawei’s smart string energy storage system (ESS) for residential use, the LUNA2000, received 2PfG 2511 and VDE-AR-E 2510-50 certificates from TÜV Rheinland, a Germany-based testing and certification service provider. Li Weichun, Global Head of Power Electronics Business Segment and General Manager of Greater China Solar & Commercial Products at TÜV Rheinland and Zhou Tao, Vice President of Huawei Smart PV, were present at the award ceremony.

IEA report says technologies offer significant potential for energy-sector decarbonisation but struggle in today’s markets.