Posted inCommercial energy storage
Vietnam’s Energy Storage Industry: Market Prospects of Containerized Energy Storage Solutions
Vietnam’s Energy Storage Industry is poised for robust growth, driven by soaring renewable deployment and supportive policies that mandate storage integration into new solar projects, with market projections indicating a compound annual growth rate of over 16 % through 2029. Containerized solutions offer rapid, modular deployments—ideal for Vietnam’s evolving grid and land-constrained sites—and are attracting pilot projects like Marubeni’s megawatt-scale BESS demonstration with VinGroup. Market leaders, ranging from Delta's 10-ft LFP container modules to Huijue's HJ-ESS-DESL 6 MWh systems, are designing products to meet local needs with enhanced safety, monitoring, and stackable capacity. Policy drivers such as compulsory 15 % storage…
