Lastest Launch of Battery Energy Storage Plant in Hung Yen Vietnam

Published: Apr 15, 2026 12:08
GG Power has officially launched a battery energy storage plant in Hung Yen Province, marking a major step in Vietnam’s renewable energy push. The VNĐ300 billion facility has a capacity of 5GWh per year and features over 90% automation, supplying storage solutions for households, businesses, and the national grid. Developed with technology licensed from Goldwind, the plant aims to boost domestic tech capability and reduce reliance on imports. Officials say energy storage will be key as Vietnam targets up to 16GW of battery capacity in the coming years.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
HyVISION System wins KRW 19.1 billion ESS equipment supply contract, expands U.S. business
11 mins ago
HyVISION System wins KRW 19.1 billion ESS equipment supply contract, expands U.S. business
Read More
HyVISION System wins KRW 19.1 billion ESS equipment supply contract, expands U.S. business
HyVISION System wins KRW 19.1 billion ESS equipment supply contract, expands U.S. business
HyVISION System disclosed on May 8, 2026 that it signed a single sales and supply contract worth KRW 19.1 billion with the overseas subsidiary of a U.S.-based secondary battery company. The contract covers the supply of battery pack assembly equipment for energy storage systems (ESS).
11 mins ago
[Lithium Battery: New Ultra-Fast Charging Battery Industrialization Project To Be Launched In Zaozhuang, Shandong]
May 6, 2026 14:02
[Lithium Battery: New Ultra-Fast Charging Battery Industrialization Project To Be Launched In Zaozhuang, Shandong]
Read More
[Lithium Battery: New Ultra-Fast Charging Battery Industrialization Project To Be Launched In Zaozhuang, Shandong]
[Lithium Battery: New Ultra-Fast Charging Battery Industrialization Project To Be Launched In Zaozhuang, Shandong]
Recently, the Ecological Environment Branch of Zaozhuang High-tech Zone approved the environmental impact assessment documents for the new ultra-fast charging battery industrialization project of Shandong Xinbang New Energy Co., Ltd., giving the green light for construction. The project plans to construct electrode production workshops, cell workshops, formation and capacity grading workshops, module workshops, comprehensive warehouses, hazardous waste warehouses, a wastewater treatment station, and other supporting facilities. The main products will be energy storage battery packs and power batteries for new energy vehicles. The overall plant plans to include 2 ESS production lines, 3 BEV production lines, and 8 PACK production lines, with a planned total capacity of approximately 52 GWh.
May 6, 2026 14:02
China's Largest BTM Storage Project by Great Power and Zhongfu was Put into Operation!
Apr 30, 2026 17:14
China's Largest BTM Storage Project by Great Power and Zhongfu was Put into Operation!
Read More
China's Largest BTM Storage Project by Great Power and Zhongfu was Put into Operation!
China's Largest BTM Storage Project by Great Power and Zhongfu was Put into Operation!
Apr 30, 2026 17:14
GG Power has officially launched a battery energy storage plant in Hun - Shanghai Metals Market (SMM)