Vientiane group energy storage

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.

What is a Marubeni-Vingroup energy storage project?

The project follows a May 2023 Memorandum of Understanding (MoU) between Marubeni and VinGroup’s energy storage arm, announced just a few days after Vietnam’s government approved a Master Plan to reform the country’s energy sector.

Who is Vingroup & VinFast energy?

VinGroup is, in turn, Vietnam’s largest trading conglomerate. Another of its subsidiaries, Vinfast Energy, which specialises in the electric vehicle (EV) space as well as stationary batteries, developed and manufactured the site’s battery-based energy storage system (ESS).

What is VinFast energy's Bess project?

VinFast Energy’s domestically manufactured BESS features high energy density, liquid cooling technology and parent company VinGroup likewise aims for the project to showcase what the manufacturer can do.