Latest energy storage projects in Vietnam

Will Vietnam's first pumped hydropower plant boost national energy security?

This will be Vietnam’s first pumped storage hydropower plant and one of EVN’s key national energy projects this year. The plant is expected to boost national energy security and support Vietnam’s transition to a greener, more sustainable economy.

Why should Vietnam invest in a hydropower plant?

The plant is expected to boost national energy security and support Vietnam’s transition to a greener, more sustainable economy. Pumped storage hydropower operates like a giant battery, storing excess electricity during off-peak hours and releasing it when demand is high.

How much money does EVN invest in a pumped storage hydropower plant?

It has an estimated investment of 880 million USD. (VOVWORLD) - Last weekend, Vietnam Electricity (EVN) began construction on Phase 2 of the Bac Ai Pumped Storage Hydropower Plant in Ninh Thuận province. This will be Vietnam’s first pumped storage hydropower plant and one of EVN’s key national energy projects this year.

What is the capacity of Ninh Thuan nuclear power plant?

Vice Chairman of the Ninh Thuan provincial People’s Committee, Trinh Minh Hoang, says the plant will have a capacity of 1,200 MW. " This is one of the projects that drive the province’s economic growth and contribute to its 13.5% growth target for this year. It has a close connection with the planned Ninh Thuan nuclear power plant.