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(From left) Bigtorage, NuriFlex Vietnam, and VinFast sign a strategic memorandum of understanding. Photo courtesy of Bigtorage.
Bigtorage, a Startup Specializing in Small-Scale ESS Solutions, Signs Strategic MOU with VinFast and NuriFlex Vietnam.
Bigtorage, a startup specializing in small-scale Energy Storage System (ESS) solutions, has announced the signing of a strategic Memorandum of Understanding (MOU) with VinFast and NuriFlex Vietnam.
The objective of this agreement is to supply ESS control and operation management platforms for commercial buildings and facilities in Vietnam, as well as to provide power trading services and more.
Through this partnership, Bigtorage plans to offer a range of solutions, including control software for ESS (PMS: Power Management System), operation platforms (EMS: Energy Management System), end-user power data analysis, customized solution development, real-time monitoring and control, and operation management platforms. VinFast will provide batteries and Battery Management Systems (BMS), while NuriFlex Vietnam will be responsible for the EPC (Engineering, Procurement, and Construction) for ESS deployment. Together, the companies aim to enhance the completeness of ESS solutions and expand from the Vietnamese market into the global ESS market.
Recently, Bigtorage has launched optimized ESS integrated systems for electric vehicle (EV) charging stations, refrigerated trucks, and overseas commercial buildings. The company is also developing PCS (Power Conversion System) equipped with PMS.
Building on this, Bigtorage successfully secured pre-Series A investment and is now ready to enter the Vietnamese ESS market in full force. With this partnership, the company plans to supply PMS solutions and EMS platforms optimized for the Vietnamese market, gather ESS operation data, and strengthen its position in the market through aggressive investment.
Lee Cheol-hee, Vice President of Bigtorage, commented, "This agreement will serve as a crucial stepping stone to enhance our existing ESS technology and expand into global markets, including Vietnam. We hope this partnership will contribute to the mutual development of the ESS ecosystem.“
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