On May 6, VinFast and ON Energy Green Energy Joint Stock Company of KTG Group announced the signing of a strategic cooperation agreement to promote the application of battery energy storage systems for rooftop solar power systems in Vietnam.
According to the cooperation agreement, ON Energy will become the official distributor of VinFast's battery energy storage systems (BESS) products under the brand VinFast Energy. These products have been researched, developed, and manufactured by VinES Energy Solutions Joint Stock Company (now a part of VinFast) to provide customers with a breakthrough energy storage solution from lithium-ion batteries, meeting international standards such as UL and IEC for safety and high quality.
ON Energy will also provide and deploy VinFast's integrated battery energy storage solutions for rooftop solar power systems in industrial parks, offices, and residential houses nationwide. This synchronously integrated solution will optimize the energy use efficiency of the rooftop solar power system, avoid wasting excess electricity during the day, and ensure a stable power supply at night or during a power outage.
Mr. Vo Le Duy Duc, Director of Investment and Energy Development of VinFast (left), and Mr. Tran Ngoc Tuan Khanh, General Director of ON Energy, signed the cooperation agreement.
Solutions provided by ON Energy and VinFast not only contribute to promoting the use of renewable energy, aiming at sustainable development goals, but are also highly appreciated for their quality, stability, meeting high industrial standards, and reasonable cost.
Speaking at the signing ceremony, Mr. Vo Le Duy Duc, Director of Investment and Energy Development of VinFast, shared: "Cooperating with ON Energy will help VinFast's battery energy storage products to be quickly applied and widely deployed in the daily lives and activities of people and businesses. This cooperation not only affirms VinFast's ability to master battery technology and commitment to promoting the transition to clean energy in Vietnam, but also marks an important step in introducing a combination of battery storage technology and renewable energy into people's daily lives, contributing to creating a greener future for Vietnam."
Mr. Tran Ngoc Tuan Khanh, General Director of ON Energy, said: "ON Energy is very honored to cooperate with VinFast, a reputable and experienced partner in the field of battery energy storage production. We believe that the combination of VinFast's advanced battery storage technology and ON Energy's industrial standard solar power system will bring customers the most optimal and efficient energy solutions, contributing to promoting renewable energy development in Vietnam.”
Established in 2014, ON Energy is currently one of the leading companies in renewable energy in Vietnam. The company has deployed more than 50 MW nationwide and is expected to reach 100 MW by 2025.
The cooperation between ON Energy and VinFast is a practical activity to contribute to realizing one of the important goals of Power Plan VIII, that is, by 2030, 50% of office buildings and 50% of residential houses will use rooftop solar power to self-produce and self-consume electricity.
In order to support and facilitate the access of people and businesses to this advanced energy solution, VinFast and ON Energy will offer 300 special preferential service packages to the first 300 customers registering to install VinFast Energy's battery energy storage for rooftop solar power systems. For more details, contact the hotline at 0898 659 689.