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Domestic groups eye battery energy storage systems
Vietnam Investment Review
|April 13, 2026
Domestic groups are striving to conquer the battery energy storage systems industry — a landscape valued at billions of US dollars.
GG Industries Company, a Vietnamese enterprise operating in the energy sector, held an inauguration ceremony on April 11 to start commercial operation of a factory producing battery energy storage systems (BESS) located in the northern province of Hung Yen.
The factory is designed with an annual capacity of 5GWh, equipped with advanced production lines meeting international standards. According to the plan, the company’s BESS products will be distributed to both the domestic market and multiple export destinations worldwide.
Last November, GG Industries signed an agreement with Goldwind to receive technology for producing BESS transferred from the Chinese-owned group. Complete production lines under the GG Power brand will be installed, enabling local manufacture of advanced energy storage solutions.
Under the agreement, Goldwind will transfer the full suite of BESS manufacturing technology to GG Industries, while also supplying a production line with a designed annual capacity of 5GWh, serving energy storage applications in the industrial, commercial, and grid sectors.
The production line will achieve 92 per cent automation, enabling high-level quality control and compliance with stringent international standards for safety, performance, and reliability, as well as meeting the growing global market demand for energy storage solutions.
Denne historien er fra April 13, 2026-utgaven av Vietnam Investment Review.
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