On April 11, GG Power officially introduced its Battery Energy Storage System (BESS) manufacturing plant at Industrial Park No. 5, Xuân Trúc Commune, in Hưng Yên.

This is one of the first BESS plants in Vietnam to be developed with a highly automated production line—exceeding 90% automation—enabling strict quality control at every stage of manufacturing.

The event took place amid rapidly growing demand for energy storage in Vietnam. The GG Power plant is built on a 1.2-hectare site and includes a two-story production facility along with a research and development (R&D) center.

A full project rendering at Industrial Park No. 5, Xuân Trúc Commune, Hưng Yên. Photo: G.G

Mr. Bùi Xuân Bình, Chairman and CEO of GG Power, stated that under its strategic direction, BESS will focus 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.

Notably, GG Power has received technology transfer from Goldwind while gradually building its in-house R&D capabilities. Through this collaboration, the company has optimized its Energy Management System (EMS), enabling its products to better align with the characteristics of Vietnam’s power grid.

The system also ensures that data is stored domestically, enhancing security and data protection.

Speaking at the event, Deputy Minister of Industry and Trade Nguyễn Hoàng Long emphasized that the development of Vietnam’s renewable energy market necessarily requires energy storage systems. He affirmed that the Ministry of Industry and Trade will support and help remove obstacles so domestic enterprises can develop green, clean energy and a “Made in Vietnam” renewable energy ecosystem.

The company has successfully optimized its Energy Management System (EMS), which is highly compatible with Vietnam’s power grid and ensures that data is securely stored domestically. Photo: G.G

The launch of GG Power’s plant comes at a time when the global BESS market is experiencing rapid growth. According to a report by Grand View Research, the global BESS market is projected to achieve a compound annual growth rate (CAGR) of 28.3% through 2030.

In Vietnam, although the need for energy storage has become increasingly urgent to address grid fluctuations and overload, the market still largely depends on imported equipment.

Therefore, policy directions outlined in Directive No. 10/CT-TTg by the Prime Minister and Power Development Plan VIII have established an urgent roadmap for developing distributed energy sources and deploying BESS systems to ease peak load pressure. Under the revised plan, Vietnam is expected to require approximately 10–16 GW of BESS capacity in the coming years.

Despite strong potential, the residential energy storage market in Vietnam still raises safety concerns among consumers, particularly regarding the installation of battery systems in homes.

In an interview with Vietnamnet, Mr. Bùi Xuân Bình said the company aims to ensure its products meet the highest safety standards in Europe and the United States, while building trust through real-world user experience.

Accordingly, customers will be offered free trials, factory tours, and opportunities to learn about how the systems operate. The company is also stepping up direct outreach in urban areas and residential communities to raise market awareness.

In addition, the company is partnering with distributors to offer complete “energy packages” rather than standalone batteries. These solutions include solar panels, inverters, energy storage batteries, and related accessories, tailored to household needs (e.g., 5 kWh, 10 kWh, 15 kWh systems). This model has already been piloted in the Philippines and has shown initial positive results.

The company also commits to collecting and handling batteries at the end of their lifecycle.

Looking ahead, GG Power plans to invest an additional VND 300 billion in Phase 2 to expand supporting facilities, enhance production capacity, and further complete its supply chain.

According to Vietnamnet.