On April 24, 2025, the Seminar “PV ESS as a game changer for ESG goals” was successfully held in HCM City, attracting the participation of leading industry experts, businesses, government agencies, and relevant organizations. The event served not only as a platform for sharing knowledge on renewable energy but also as an open forum to discuss sustainable energy storage solutions, supporting businesses in pursuing sustainable development through achieving ESG (Environmental – Social – Governance) goals.
🔰 About the Seminar
The event was organized by LS ELECTRIC Vietnam, with participation from EGP Vietnam and Thai Son Nam Company, aiming to introduce and share solar energy storage (PV ESS) solutions and their contribution to ESG implementation. Experts, businesses, and organization representatives discussed the vital role of energy storage in the transition to a green and sustainable economy. Particularly, PV ESS solutions are essential tools helping businesses reduce CO2 emissions, optimize efficiency, and maintain production operations without interruptions due to power outages.
🔹 Highlights of the Event
1. Launch of ESG Standards Towards Emission Reduction and Net Zero
One of the key highlights was the introduction of ESG standards targeting emission reduction and achieving Net Zero. ESG is no longer just a trend—it has become a mandatory requirement for many businesses, especially amid global climate change and increasing pressure from the international community.
By adopting solutions like PV ESS systems, businesses not only reduce CO2 emissions but also fulfill their social and governance responsibilities in a sustainable manner.
Experts emphasized the significance of aligning with ESG standards in light of environmental challenges and the pursuit of sustainability. Net Zero aims to reduce greenhouse gas emissions to zero, and solar energy storage is a pivotal solution to help businesses reach this target.
Mr. Nguyen Dinh Thai, CEO of EGP Vietnam, highlighted new governmental regulations focused on building a legal framework to develop the carbon credit market and support Net Zero by 2050. Key policies soon to be enacted include:
- Carbon credit trading platform:
- Pilot phase starting in 2025; official operation from 2028, with international market integration.
- International carbon offset regulation:
- Implementation of bilateral carbon credit exchange under the Paris Agreement (Article 6.2), enabling carbon credit transfers between countries.
- GHG emissions monitoring and reporting:
- Mandatory biennial greenhouse gas inventories for relevant businesses starting in 2024, along with emission reduction measures from 2023–2025.
- Capacity building and awareness:
- Government will promote education, training, and guidance on the carbon market for businesses and the public.
2. Economic Benefits of PV ESS Systems
One major reason for the growing popularity of PV ESS is its economic benefit. These systems not only store surplus solar energy for future use but also provide backup during power outages, helping to stabilize electricity supply and minimize disruption—particularly vital for industrial operations.
PV ESS allows factories to optimize energy costs by using self-generated solar power instead of buying from the grid during peak hours, when prices are highest. This results in lower operating expenses and greater production stability, reducing the risk of power interruptions.
3. Real-World Case Studies from Partners
Throughout the conference, various partners and experts shared real-life case studies demonstrating the economic and sustainable value of energy storage solutions. These success stories reflect the practical benefits that companies have experienced with PV ESS, and affirm the strategic importance of renewable energy in sustainable business development.
A notable example is LS Electric’s energy storage projects in industrial plants, which have significantly reduced electricity costs and ensured uninterrupted production even during grid failures.
4. The Role of Energy Storage in Carbon Emission Reduction and Operational Efficiency
Energy storage plays a crucial role not only in maintaining uninterrupted operations but also in reducing carbon emissions. By utilizing clean solar energy stored in lithium-ion batteries, businesses can reduce dependence on coal and fossil fuels, thus cutting CO2 emissions.
ESS systems optimize the use of renewable energy by storing solar power during the day and supplying it at night or during grid failures. This enhances operational efficiency while supporting national and global decarbonization goals.
💬 An Open Forum for Dialogue and Innovation
Besides the main sessions, the conference served as an open forum for enterprises and organizations to exchange ideas, share experiences, and stay updated on the latest technologies in energy storage. Delegates also discussed challenges and opportunities in implementing renewable energy technologies, with the goal of aligning with their own ESG strategies.
Importantly, the event enabled valuable connections among participants and introduced cutting-edge technologies, helping foster a green energy ecosystem in Vietnam. Stakeholders, customers, and energy professionals engaged in meaningful discussions, gaining insights into storage technology and strategies for future energy optimization.
🌍 Looking Toward the Future
A key insight came from Mr. Oh Daeil – the Director of the Smart Energy (SE) Division at LS Electric, who shared practical perspectives on how PV ESS supports ESG goals—especially as factories and businesses increasingly aim for sustainability and environmental responsibility.
1. ROI (Return on Investment):
PV ESS systems help cut energy costs by storing solar energy during high-production periods and using it when needed. This reduces reliance on grid power, which is subject to price fluctuations. PV ESS represents a long-term investment that not only cuts operational costs but also boosts production efficiency. Businesses can achieve fast ROI through reduced energy bills and government incentives for renewable energy.
2. Meeting Carbon Reduction Goals:
Reducing CO2 emissions is a central pillar of ESG strategies. PV ESS harnesses clean solar power, significantly cutting emissions from industrial processes. This is especially valuable in heavy industries or large energy-consuming factories. Using PV ESS helps companies fulfill their environmental commitments, enhance their brand image, and attract eco-conscious partners and customers.
3. Stable Power Supply and Reduced Downtime:
For industrial production, stable power is crucial. Any outage can result in major losses. PV ESS ensures continuous power supply, even during blackouts, protecting sensitive production lines and maintaining quality and timelines.
As the event concluded, there was a shared consensus among experts and businesses: Energy storage is a key enabler of the green transition. Solar energy storage solutions not only help reduce costs but also contribute meaningfully to sustainable development goals.LS Electric Vietnam reaffirmed its commitment to accompanying businesses in deploying renewable energy solutions and advancing toward a greener, more sustainable future. Through strong ESG strategies and innovative technologies like PV ESS, companies can thrive economically while making a positive impact on society and the environment.
