VinEnergo's 43MW Solar Push Tests Vietnam's Grid-Strained Energy Ambition - CleanTechnica

VinEnergo Energy Joint Stock Company, part of Vingroup, has announced plans to install 43 megawatts (MW) of rooftop solar power combined with 45 megawatt-hours (MWh) of battery storage across three manufacturing plants in Ha Tinh province, Vietnam. This project represents about 0.2% of Vietnam’s current solar capacity and aims to generate 50 million kilowatt-hours annually while reducing CO2 emissions by 33,000 tonnes per year. The initiative supports Vingroup’s goal of achieving net-zero emissions by 2040, a decade ahead of Vietnam’s national target. The project is notable for employing Vietnam’s first Direct Power Purchase Agreement (DPPA) model for combined solar and battery storage, allowing renewable energy producers to sell power directly to corporate consumers and potentially easing grid congestion challenges. Vietnam has rapidly expanded its solar capacity from 86 MW in 2018 to nearly 18,000 MW by April 2025, positioning itself as a regional solar