Did Marubeni launch a megawatt-scale battery storage demonstration project in Vietnam?
The project’s official inauguration event held in December. Image: VinGroup. A green energy subsidiary of Japanese conglomerate Marubeni has brought online a megawatt-scale battery storage demonstration project in Vietnam.
Who owns Marubeni green power Vietnam?
Marubeni Green Power Vietnam, a wholly owned subsidiary of Marubeni—one of Japan’s largest general trading ‘sōgō shōsha’ companies—partnered with Vietnamese counterpart VinGroup for the 1.8MW/3.7MWh lithium-ion (Li-ion) battery energy storage system (BESS) project.
What is a Marubeni-Vingroup energy storage project?
The project follows a May 2023 Memorandum of Understanding (MoU) between Marubeni and VinGroup’s energy storage arm, announced just a few days after Vietnam’s government approved a Master Plan to reform the country’s energy sector.
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