AC Energy, AMI get grant to put up BESS in Vietnam


AMI AC Renewables, the joint venture between AC Energy (ACEN) and AMI Renewables, has been awarded a $3-million grant by the United States Consulate in Ho Chi Minh City to develop a battery energy storage system (BESS) in Vietnam.

AC Energy said Monday that Vietnam’s pilot utility-scale BESS will soon take shape in Khanh Hoa Province after an agreement was signed between AMI AC and the US Consulate. 

“The ACEN and AMI joint venture has been awarded a $2,962,000 grant by the US Consulate General, Ho Chi Minh City,” said the power unit of conglomerate Ayala Corp.

The 15 MWh/7.5 MW Khanh Hoa Energy Storage project will be integrated into the 50 MW solar farm of AMI AC. Official said the BESS project is meant to maximize the efficiency and reliability of renewable energy towards helping Vietnam achieve its sustainability goals.

“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.”

Nguyen Nam Thang, CEO of AMI AC Renewables, said the 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’re delighted to be entrusted by the US Consulate General to pilot and spearhead battery energy storage systems in Vietnam,” added Thang.

Marie Damour, Chargé d’Affaires ad interim, said the BESS project aims to show how cutting-edge US energy storage technology can advance these goals, and catalyze Vietnam’s transition to a clean energy economy for a climate-resilient future.

“We are pleased to support Vietnam’s efforts to expand renewable energy generation, and reduce reliance on coal,” said Damour.

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