Co-funded by a $3 million grant from the US Mission, the pilot project will demonstrate how energy storage can help Vietnam integrate more renewable energy into its power system to meet ambitious climate goals. First announced at the annual US-Vietnam Energy Security Dialogue, the project plans to use a Honeywell Battery Energy Storage System (BESS) integrated into a 50MW peak solar farm operated by AMI Khanh Hoa.

US Consul General Susan Burns witnessed the signing of the MoU between Nguyen Nam Thang, CEO of AMI AC Renewables, and Ramanathan Valliyappan, general manager of Honeywell Process Solutions, Asia Pacific, at the US Consulate General in Ho Chi Minh City.

“The US Mission is proud to support this project as part of our commitment to a Just Energy Transition Partnership (JETP) with Vietnam,” said Burns. “By leveraging advanced energy storage technology, we can work together to accelerate the transition to clean energy and build a climate resilient future.”

Nguyen Nam Thang, AMI AC Renewables CEO, said, "The success of the BESS project at AMI Khanh Hoa will be among the top achievements of the bilateral cooperation in technological, technical, and economic development between the United States and Vietnam, and help contribute to Vietnam’s target of Net Zero emissions by 2050."

“Battery energy storage solutions are vital to advancing sustainability efforts," said Honeywell's Valliyappan. “We look forward to collaborating with AMI to extend renewable energy availability from the Khanh Hoa solar farm beyond hours when there is no sunlight. Honeywell’s BESS Platform improves grid stability and sustainability, while reducing cost and the size of the carbon footprint by lessening the need for non-renewable baseload power sources.”

Energy storage plays a critical role in the transition to renewable power generation and the decarbonisation of global power systems. It is a key element of the JETP signed between Vietnam and its international partners to support the country's clean energy transition and deliver on its emission reduction goals.