GG Power officially inaugurated its Battery Energy Storage System (BESS) factory at Industrial Park No. 5 in Xuan Truc, Hung Yen province, northern Vietnam, on April 11.
The project represents an initial investment of VND300 billion ($11.4 million).
As one of Vietnam’s first professionally invested BESS facilities, the plant operates under international standards with an automation rate exceeding 90%, allowing for rigorous quality control at every stage of production.
The 1.2-hectare facility includes a modern two-story manufacturing workshop and a dedicated Research and Development (R&D) center, with a design capacity of 5GWh per year. The factory will provide comprehensive energy storage solutions for all market segments, including residential (households), commercial and industrial (C&I), and utility-scale grid projects.
Regarding its technological foundation, GG Power has secured technology licensing from the Goldwind Group to master its R&D processes. This has enabled the company to successfully optimize an Energy Management System (EMS) that is highly compatible with Vietnam’s national power grid while ensuring that all stored data remains secure within the country.
Speaking at the ceremony, Deputy Minister of Industry and Trade Nguyen Hoang Long emphasized that a robust energy storage system is a mandatory requirement for the development of Vietnam’s renewable energy market. He praised the "can-do" spirit of the Vietnamese enterprise and affirmed that the Ministry of Industry and Trade would continue to support domestic businesses in building a "Made in Vietnam" green energy ecosystem.
Representing the local government, Le Quang Hoa, Vice Chairman of the Hung Yen Provincial People’s Committee, stated that the factory’s operation aligns with the province’s development orientation through 2030, with a vision to 2045, to become a high-tech industrial hub.
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