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The Ministry of Industry and Trade (MOIT) is drafting a Circular that sets out the pricing mechanism for electricity generation services provided by Battery Energy Storage Systems (BESS), as well as the key terms of power purchase agreements applicable to this new type of facility.

PV systems have become a reliable source of clean energy by utilizing energy storage units. In many countries and regions, PV + storage systems have become the preferred source of energy for a variety of reasons.

Sungrow Achieved Strategic Cooperation with AIT CORP for Future Energy Storage System Supply

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 the morning of September 5, the Electricity of Vietnam (EVN) and the United States Agency for Trade and Development (USTDA) held a ceremony to sign the Financing Agreement for the Project on Technical Cooperation to study developing the energy storage systems in Vietnam.