Article

Pylontech signed a Memorandum of Understanding with DAT Group for a 150MWh energy storage deployment in Vietnam, marking a key step in its Southeast Asia strategy. Vietnam's energy storage market is rapidly expanding, anticipated to grow annually by 25%-30%, reaching around 4 GW in installed capacity by 2030.

This growth is supported by favorable policies, including Circular No. 62/2025/TT-BCT, which introduces a two-part tariff mechanism for battery energy storage systems. The agreement emphasizes Pylontech's commitment to supporting the region's energy transition and enhancing its market presence.