The Vietnamese government''s newly-issued Decree No. 58/2025/ND-CP on renewable and new energy provides detailed guidance on a couple of the most pressing topics such as self-produced and self-consumed
Introduction Battery energy storage presents a USD 24 billion investment opportunity in the United States and Canada through 2025. More than half of US states have adopted renewable energy
The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including household storage, industrial storage and pre-metre storage)
As part of its energy transition strategy, Vietnam plans to reduce coal''s share in the energy mix to 17% by 2030, with a full phase-out by 2050. Additionally, the plan includes
Vietnam''s economic outlook for 2025 is highly positive, and industries primed for investment-led growth include manufacturing, technology, retail, and renewables.
Energy storage grew in a big way in 2024. Find out what''s in store for 2025 and how developers like Convergent will meet the moment.
Despite being mentioned as the mainstream power source in the future, renewable energy still has weaknesses in terms of stability and ability to ensure the safety of the power transmission
With developers continuing to add new capacity, including 9.2 GW of new lithium-ion battery storage capacity in 2024 through November 2024 and comparable levels of growth expected
Maximize home efficiency with residential energy storage solutions. Store excess power, ensure backup, and cut energy costs effectively. Read on for more!
Detailed ranking and analysis of home improvements that have a return on investment (ROI) of as much as 3600% in home resale value terms.
Vietnam''s solar energy market, driven by high solar potential and strong government support, plays a key role in the country''s "Net Zero" commitment, among other
Vietnam Battery Energy Storage Market Size Growth Rate The Vietnam Battery Energy Storage Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 16.23% in 2025 and reaches 20.76%
The European Market Outlook for Battery Storage 2025–2029 analyses the state of battery energy storage systems (BESS) across Europe, based on data up to 2024 and
Hanoi, June 26, 2025 – Amid a strong energy transition and Viet Nam''s efforts to fulfill its commitments toward achieving net-zero emissions by 2050, the research and deployment of
The list of national key energy projects includes: 1. Quang Trach 1 Thermal Power Plant. 2. Quang Trach 2 LNG Thermal Power Plant. 3. Hoa Binh Hydropower Plant (expansion). 4. Ialy hydropower plant (expansion). 5. Tri An
- Finalizing and analizing the results of "Scientific conference on application of energy storage systems and technologies to improve efficiency for renewable energy projects
Maximize home efficiency with residential energy storage solutions. Store excess power, ensure backup, and cut energy costs effectively. Read on for more!
As Vietnam braces for a significant surge in electricity demand, projected at 12%-13% by 2025, the country is simultaneously witnessing an influx of investments in the renewable energy
Discover the top home renovation projects with the highest return on investment (ROI) in 2025. Learn how energy-efficient upgrades, smart home tech, and evolving buyer preferences are boosting home resale values.
Driven by the goal of energy transformation, Spain''s energy storage industry is full of potential, with continuous technological innovation and progress. The government has given strong support in terms of funds and policies, and the
As Vietnam continues its ambitious energy transition, the deployment of advanced battery storage technologies, including lithium-ion, flow, lead-acid, and nickel-based systems, has become
Vietnam''s revised national power development plan for the period from 2021 to 2030 ("Revised PDP8"), with a vision to 2050, has been issued under Decision 768/QD-TTg dated 15 April 2025. Please find following
Following similar pieces in 2022/23, we look at the biggest energy storage projects, lithium and non-lithium, that we''ve reported on in 2024.
The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including household storage, industrial storage and pre-metre storage) and forecasts until 2030. The report covers
These developments are propelling the market for battery energy storage systems (BESS). Battery storage is an essential enabler of renewable-energy generation, helping alternatives make a steady contribution to the
Energy storage is integral to achieving electric system resilience and reducing net greenhouse gases by 45% before 2030 compared to 2010 levels, as called for in the Paris Agreement. China and the United States
Analysis of Vietnam''s new power development plan using our open access TZ-APG energy system models. How will renewables, nuclear, battery and pumped hydro storage will fit into the country''s future energy mix?
Vietnam is expected to finalize the updated National Power Development Plan (PDP8) by the end of February. According to the draft, the country has significantly raised its electricity demand forecasts, energy
The development of energy storage systems like BESS is crucial for addressing these challenges. Future outlook for Northern Vietnam solar projects and clean energy
Should the electricity price remain at normal levels, the ongoing decline in investment costs for energy storage and solar systems is expected to continuously stimulate
Explore Vietnam''s wind power industry in 2025: key government policies (PDP VIII, FiTs), major domestic (Trung Nam, BIM) and foreign (Siemens Gamesa, CIP) companies, and significant onshore & offshore wind power
Global demand for household energy storage in 2025 Home storage is an energy storage system for household users. There is demand from users and strong policy support.
In Vietnam, the draft Power Plan 8 sets a target that by 2030 the electricity storage capacity of the system will reach 2400MW with stored hydroelectricity. By 2045, the total cumulative storage and storage capacity will increase to 28,950 MW nationwide. Construction of the discharge tunnel section 3 of Bac Ai hydropower plant
Prime Minister Pham Minh Chinh recently highlighted the anticipated increase in electricity demand, emphasizing the government's commitment to bolstering energy development projects. This surge in energy usage is driven by rapid industrialization and urbanization, which are key components of Vietnam's economic development.
According to the plan, by 2030, Vietnam will have 2 storage hydroelectric plants with a total capacity of 2400MW, namely Bac Ai and Phuoc Hoa hydropower plants, both located in Ninh Thuan province.
It is forecast that the compound annual growth rate (CAGR) of this sector will maintain around 6.9% to the size of the market. This market will reach 500 billion USD by 2025. Large-scale energy storage technologies will mainly be hydroelectricity and chemical batteries.
PNE Group's Hon Trau offshore wind project, with a capacity of 2,000 MW, exemplifies the scale of foreign investment flowing into Vietnam's renewable sector. These projects are part of Vietnam's broader strategy to nearly double its power generation capacity by 2030 and significantly increase the share of renewables in its energy mix.
