With the revised Power Development Plan VIII (PDP8) and a new legal framework paving the way, battery energy storage systems (BESS) are expected to become a key enabler of Vietnam's energy transition.

ANI's dramatic comeback on UPCoM has pushed its market value beyond US$42 million, even though only a few hundred shares change hands in each trading session.

The utility argues that while battery storage raises investment costs, its effectiveness for large-scale solar projects remains insufficiently defined.

Prime Minister Le Minh Hung on June 17 met leaders of two major Russian companies - State Atomic Energy Corporation Rosatom and oil and gas group Zarubezhneft - in Kazan, the capital of Russia’s Republic of Tatarstan.

Prolonged heat waves have driven electricity demand sharply higher, especially in the evening.

Under the integrated model, surplus electricity generated during periods of low grid demand could be used for seawater electrolysis, producing green hydrogen to help optimise investment efficiency for offshore wind farms.

Quang Ninh has greenlit its first offshore wind project - Quang Ninh 4 Wind Power Plant, in Co To special zone, which aims at boosting clean energy supply and strengthening energy security in the northern region.

Quang Ninh has approved in principle the Quang Ninh 4 Wind Power Plant project in Co To special zone, marking an important step toward turning the locality into the country’s wind power hub.

After years of explosive growth, several Vietnamese renewable energy companies are now battling mounting financial pressure and weakening profits.

A solar power company within the Trung Nam Group ecosystem has reported losses of nearly VND1 trillion (US$38 million) in 2025, marking a sharp reversal just one year after unexpectedly returning to profit.

Vietnam is under pressure to position battery energy storage systems (BESS) as strategic energy infrastructure, as fast-growing renewable capacity highlights grid stability challenges and opens up a multi-billion-dollar market for domestic firms.

Quang Ninh province on April 23 officially broke ground on its first wind power plant, marking a significant milestone in its transition toward clean energy.

A number of renewable energy enterprises have reported losses or very low profits, and signs ahead appear even worse despite skyrocketing global oil and gas prices.

Vietnam is set to build a high-voltage undersea direct current (HVDC) cable to connect its power grid with Malaysia and Singapore, allowing for large-scale export of offshore wind energy.

Vietnam’s renewable energy adoption is gaining momentum as a key pillar of sustainable development, energy security, and its pledge to achieve net-zero emissions by 2050.

The stated policy objective is a pricing framework that supports investment decisions, allows buyers to budget reliably, and maintains system integrity.

The Prime Minister of Vietnam has issued an urgent directive to clear legal, regulatory, and logistical roadblocks hindering renewable energy projects nationwide.

With 300,000 km² of sea and over 1,000 GW potential, Vietnam targets major OSW growth.

Vietnam’s industrial zones have vast solar potential, but unclear policies and ownership issues are slowing investment.