By investing in the battery energy storage system’s development project at the Stavian Complex in Hung Yen, Stavian Group strives to contribute to green and clean energy development, ensuring national energy security and promoting sustainable energy industrialization in Vietnam.

Vietnam is currently in the process of promoting renewable energy development, especially solar and wind energy. With geographical and climatic advantages, Vietnam has great potential in developing renewable energy sources. The world is strongly developing renewable energy sources, and investment in the energy system is necessary while contributing to ensuring energy security and sustainable development. To produce products that meet regional and global needs, are competitive in the international market, and participate in the worldwide supply chain, Stavian Group has taken the lead in the green and clean energy innovation trend. By officially signing a joint venture between Stavian Energy Solutions and Juhang Energy Technology (Singapore) on October 29, 2024, Stavian Group has positioned itself as a key player in the global shift towards renewable energy.

Joint venture cooperation signing ceremony between Stavian Energy Solutions

and Juhang Energy Technology (Singapore)

As part of the plan to contribute to the renewable energy transformation towards sustainable energy industrialization, on January 23, 2025, Stavian Energy Solutions and Stavian Industrial Park also held a ceremony to announce the infrastructure leasing for the investment project of battery energy storage system (BESS) at the Stavian Complex, Hung Yen province, developed by Stavian Industrial Park under the Stavian Group. Stavian Energy Solutions will invest in manufacturing BESS systems, electric vehicle charging equipment, and electric cables with an investment scale of Phase I of 22 million USD in an area of ​​over 5 hectares. The BESS system is a device that helps regulate the power grid for renewable energy projects and microgrid systems in factories or industrial zones. The system also allows manufacturing, hospitality, and trade businesses to reduce energy costs by charging and discharging between low, medium, and peak hours. This potential for cost savings is a compelling reason for businesses to consider adopting the BESS system. Shortly, BESS will be a device serving the potential market when Vietnam is preparing a legal framework for self-produced and self-consumed rooftop solar power, the DPPA mechanism, and above all, the ESG trend (Environment, Society, and Governance) - a core factor in sustainable development.

Announcement ceremony about the infrastructure leasing at Stavian Complex

for investment project of battery energy storage system

According to Mr. Tony Dinh  - Chairman cum CEO of Stavian Group, this is a decisive step for Stavian Energy Solutions in particular and Stavian Group in general in providing comprehensive solutions for businesses to achieve green certification, cut production and business costs, meet "green" criteria when exporting products to countries that have applied the COP26, as well as the inevitable trend of Net Zero Carbon. With prestige, determination, and market understanding, combined with the experience, capacity, and advanced technology of Juhang, Stavian Group will continue to realize the goal of bringing breakthrough energy solutions, contributing to ensuring national energy security, and promoting sustainable energy industrialization in Vietnam.

With Stavian Energy Solutions’ other solutions and products, the BESS project is expected to contribute substantially to society and the environment. Annually, it is projected to reduce 27,909,750 tons of CO2 emissions, cut 12,686,250 tons of fossil fuels, plant 1,229,504,405 trees, and save billions of VND in energy costs for businesses. The project is set to launch its first product by the end of the third quarter of 2025, catering to the domestic market and aiming for exports to Asia-Pacific and Middle East countries.