US-funded energy storage system set for central Vietnam

VietnamExpress-May 10

An energy storage project costing nearly $3 million will be built in Khanh Hoa Province as part of a new joint venture. Funded by the U.S. Mission Vietnam, the project aims to demonstrate how it can reduce power losses and help Vietnam integrate more renewable energy into the nation’s power system. AMI AC Renewables, a joint venture between AMI Renewables of Vietnam and AC Energy of the Philippines, signed an MOU with American corporation Honeywell in Ho Chi Minh City on Tuesday to integrate a Honeywell Battery Energy Storage System into a 50-megawatt peak solar farm in Khanh Hoa, according to a U.S. Consulate General statement. The power plant will be the first in Vietnam to deploy the Battery Energy Storage System. Nguyen Nam Thang, CEO of AMIAC Renewables, said at the signing ceremony there was a determination to put the project into operation before the third quarter of 2024. According to the U.S. Mission, the project is part of its commitment to the Just Energy Transition Partnership with Vietnam. Vietnam signed the partnership with several international partners last year to support the nation’s clean energy transition and deliver net-zero emissions by 2050. Read more at:

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