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1.The Necessity of ESS in Vietnam: The VinFast Case
1)The Necessity of ESS in Vietnam and VinFast's Technological Capability
Vietnam is experiencing a surge in demand for sustainable energy solutions, and VinFast aims to address the stability of the power grid, peak time distribution, and the volatility of renewable energy by introducing Energy Storage Systems (ESS). VinFast’s ESS utilizes LFP cells with high energy density and stability, offering a diverse product lineup ranging from residential to large-scale utility systems. Key solutions include the Low Voltage Box Solution (5.3 kWh and above), Small Capacity Tower Solution (138.2 kWh), and Large-Scale Container Solution (3.7 MWh). Additionally, they comply with international standards and certifications such as ISO, IEC, UL, and UN, enhancing their reliability.
2)VinFast ESS Case Studies
VinFast is currently implementing a 10 MWh and 6 MWh ESS project at the largest hospitality complex in central and southern Vietnam, handling battery supply. They have also successfully carried out ESS projects of 3 MWh and 1 MWh at manufacturing plants and charging stations, respectively. This solution efficiently stores and utilizes energy to reduce electricity costs and minimize carbon emissions, contributing to the establishment of a sustainable energy ecosystem in Vietnam.
2. Collaboration between VinFast and Bigtorage: Commercial Building ESS Project in 2025
Strategic Memorandum of Understanding (MOU) between VinFast and ESS Specialist Bigtorage
VinFast and Bigtorage plan to install commercial Energy Storage Systems (ESS) starting with COBI HOME and expanding to COBI TOWER in 2025. This project aims to install multiple Tower ESS solutions from VinFast, potentially reducing annual electricity costs by approximately 40 million VND. Bigtorage will provide a localized power and energy management system (PMS, EMS), while VinFast will supply PCS, batteries, and BMS.
Key Reasons for the Collaboration between VinFast and Bigtorage
First, Efficiency and Stability
Bigtorage’s PLC-based PMS offers high stability, enabling uninterrupted operation of ESS and efficient integrated management of multiple ESS units.
Second, Optimization of Complex System Management
Bigtorage’s PMS is optimized for various ESS applications such as C&I, renewable energy integration, and frequency regulation, improving cost reduction and power grid stability through data analysis and demand forecasting capabilities.
Third, Flexibility and Scalability
Bigtorage’s PMS provides excellent scalability for monitoring and control as facilities expand, allowing for quick and flexible responses to future energy changes through cloud services.
This collaboration is expected to signal the beginning of innovative changes in the Vietnamese energy market, strengthening their foothold in the energy sector and becoming a significant example of contributing to the establishment of a sustainable energy ecosystem.
3. Energy Transition and Sustainable Development in Vietnam
Vietnam plans to increase the share of renewable energy to 30% by 2030. Consequently, there is growing interest in commercial and industrial (C&I) ESS, which are essential technologies for power grid stabilization, cost reduction, and emergency power generation. The Vietnam Electricity Company (EVN) is investing approximately 100 million USD in smart grid infrastructure, and VinFast is collaborating with Bigtorage to introduce ESS for solar power generation and advance technology. Furthermore, they are also pursuing power trading services and virtual power plant (VPP) projects. These efforts are anticipated to contribute to Vietnam's sustainable energy ecosystem and economic growth.
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1.The Necessity of ESS in Vietnam: The VinFast Case 1)The Necessity of ESS in Vietnam and VinFast's Technological Capability Vietnam is experiencing a surge in demand for sustainable energy solutions, and VinFast aims to address the stability of the power grid, peak time distribution, and the vo...
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Bigtorage, ESS Specialist, Signs Contract to Build ESS in Vietnamfull-fledged ove...
2024.12.12 | Bigtorage
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Bigtorage, First SME Selected as an Excellence Case for 'WIN-WIN HONORS'
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Small ESS Efficiency 'Bigtorage' Attracts Free A Investment from Blue Point
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Bigtorage Expands Internationally with the Establishment of a Vietnamese corporation
2024.08.31 | Bigtorage
This information was created temporarily. You can enter what you want. Bigtorage Expands Internationally with the Establishment of a Vietnamese corporation Bigtorage was selected as an expert in the 'Hannam Startup Mentor 100' for sustainable growth Bigtorage, GS Energy X Blue Point, Future E...
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2024.08.31 | Bigtorage
This information was created temporarily. You can enter what you want. Bigtorage Expands Internationally with the Establishment of a Vietnamese corporation Bigtorage was selected as an expert in the 'Hannam Startup Mentor 100' for sustainable growth Bigtorage, GS Energy X Blue Point, Future E...
This information was created temporarily.
2024.08.31 | Bigtorage
This information was created temporarily. You can enter what you want. Bigtorage Expands Internationally with the Establishment of a Vietnamese corporation Bigtorage was selected as an expert in the 'Hannam Startup Mentor 100' for sustainable growth Bigtorage, GS Energy X Blue Point, Future E...
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2024.08.31 | Bigtorage
This information was created temporarily. You can enter what you want. Bigtorage Expands Internationally with the Establishment of a Vietnamese corporation Bigtorage was selected as an expert in the 'Hannam Startup Mentor 100' for sustainable growth Bigtorage, GS Energy X Blue Point, Future E...
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