• The ACEN and AMI joint venture has been awarded a US$2,962,000 grant by the U.S. Consulate General, Ho Chi Minh City
  •  The 15 MWh/7.5 MW Khanh Hoa Energy Storage project will be integrated into the JV’s operating 50 MW solar farm
  • Aims to maximize the efficiency and reliability of renewable energy towards helping Vietnam achieve its sustainability goals

October 15, 2021 – Vietnam’s pilot utility-scale battery energy storage system [BESS] will soon take shape in Khanh Hoa Province after an agreement was signed today between AMI AC Renewables and the U.S. Consulate in Ho Chi Minh City to formalize a US$2,962,000 grant from the latter to develop the project.

AMI AC Renewables will integrate the 15 MWh/7.5 MW Khanh Hoa Energy Storage project into its operating 50 MW AMI Khanh Hoa solar farm.

The project is expected to demonstrate the technical and economic capabilities of the energy storage technology, and showcase how it can help maximize the efficiency and reliability of renewable energy.

“Energy storage is the key to unlock the potential of renewables and is a vital component of the energy transition,” said Patrice Clausse, Chief Operating Officer of AC Energy International cum Chairman of the AMI AC Renewables Board of Directors. “We are very excited about the opportunities that lie ahead in harnessing this enabling technology, and
together with AMI, we will aim to secure Vietnam’s renewable energy sources while helping the country achieve its sustainability goals.”

“We’re delighted to be entrusted by the U.S. Consulate General to pilot and spearhead battery energy storage systems in Vietnam,” said Nguyen Nam Thang, CEO of AMI AC Renewables. “Our solar plant in Khanh Hoa province is an ideal place to demonstrate how energy storage can help Vietnam reach its full renewable energy potential.”

“We are pleased to support Vietnam’s efforts to expand renewable energy generation, and reduce reliance on coal,” said Marie C. Damour, Chargé d’Affaires ad interim. “This project aims to show how cutting-edge U.S. energy storage technology can advance these goals, and catalyze Vietnam’s transition to a clean energy economy for a climate-resilient future.”