The BESS complex, systematically developed and led by Vietnamese expertise, marks a shift from reliance on imports to self-reliant high-tech manufacturing.
On April 11, GG Power officially introduced its Battery Energy Storage System (BESS) manufacturing plant at Industrial Park No. 5, Xuân Trúc, in Hưng Yên.
The GG Power plant has a total investment of VND 300 billion for Phase 1, with an additional VND 300 billion planned for Phase 2.
Spanning 1.2 hectares, the facility includes a modern two-story production complex and a research and development (R&D) center, with a designed capacity of 5 GWh per year.
It is one of the first BESS plants in Vietnam to be systematically and professionally developed in accordance with international standards, featuring an automation level exceeding 90%, which enables strict quality control at every stage of production.
As a result, every product leaving the factory meets rigorous standards for safety, performance, and reliability, making it ready to serve both domestic and international markets at scale and speed.
GG Power’s energy storage battery manufacturing plant.
The production process is automated at a level of up to 90%.
This complex focuses on delivering comprehensive energy storage solutions across all market segments, including residential products for households, commercial and industrial (C&I) solutions, and utility-scale projects for grid-level applications.
Energy storage battery products.
The plant’s technology platform is built on a strategic technology transfer partnership with Goldwind—a global provider of clean energy, energy storage, and wind power solutions, operating in more than 30 countries with large-scale projects across the United States, Australia, Brazil, Chile, Europe, the Middle East, and Asia. GG Power adopts a licensing model for this technology transfer, enabling the company to fully take control of its R&D processes.
The launch of GG Power’s plant comes at a time when the global BESS market is experiencing rapid growth, with a projected compound annual growth rate (CAGR) of 28.3% by 2030 (according to Grand View Research), as energy storage becomes an essential component of modern power systems.
In Vietnam, despite the urgent need for energy storage to address grid variability and overload, the market still largely depends on imported equipment.
Policy directions outlined in Directive No. 10/CT-TTg by the Prime Minister and Power Development Plan VIII have set an urgent roadmap for developing distributed energy sources and deploying BESS systems to reduce peak load pressure. GG Power’s localization efforts play a key role in shifting Vietnam from a technology-consuming country to one that masters core technologies, ensuring energy security while enabling deeper participation in the global green value chain. Under the revised Power Development Plan VIII, Vietnam is expected to require approximately 10–16 GW of BESS capacity in the coming years.
Bùi Xuân Bình, CEO of GG Power, delivers remarks at the inauguration ceremony of the energy storage battery plant.
Speaking at the event, Mr. Bùi Xuân Bình, Chairman and CEO of GG Power, emphasized: “GG Power does not aim merely to manufacture equipment, but to master core technologies—from control systems to the integration of comprehensive solutions. We are making strong investments in R&D, developing internal standards, building manufacturing facilities, and expanding international partnerships. This is not an easy path—it requires time, resources, and perseverance—but it is a necessary direction to establish a new energy industry for the country.
With BESS, Vietnam has every opportunity to become a future energy storage hub of Asia.”
He also noted that in the next phase, the company plans to expand additional supporting facilities to enhance production capacity and further complete its supply chain.
According to CafeF
