Hanoi, VIETNAM, April 13, 2021 – AES Vietnam, a division of The AES Corporation (NYSE: AES), launched today its new brand identity that reflects the company’s commitment and the world’s transition to a cleaner energy future. As a leader in clean growth and innovation, AES has been leading the energy industry with cutting-edge technologies in LNG to power, renewables, digital innovation, and battery energy storage while creating the greener, smarter energy solutions the world needs.
With 15 years of operation in Vietnam, AES continues to play a key role in meeting the country’s ever-increasing energy needs. The company’s 2.2 GW combined cycle gas turbine (CCGT) power plant and Son My LNG terminal project, which are under development, will bring total investment of $3.2 billion to Binh Thuan Province and significantly enhance the local economy. Together, the plant and terminal will play a major role in shaping Vietnam’s energy future by diversifying the energy mix with imported LNG as well as meeting the country’s increasing demand for sustainable and affordable electricity.
Together with the launch of its new brand, AES Vietnam introduces new product offerings in solar energy and battery storage, with the aim to help local customers achieve a higher standard of clean energy, secure their sustainable energy future and achieve benefits through shared platforms and applications.
“With the new branding and product offerings, AES Vietnam continues positioning itself as a global company with strong local expertise, providing innovative solutions and cutting-edge technologies to help Vietnam meet its renewable energy goals, which were outlined in the Politburo’s Resolution No.55-NQ/TW,” said David Stone, President of AES Vietnam.
The new offerings in solar power include 5B’s revolutionary MAVERICK design, which enables customers to deploy up to two times more solar energy at three times the speed using 50% less land.
AES is also the world leader in lithium-ion based energy storage, both through our projects and via Fluence – a Siemens and AES company. Worldwide, energy storage is considered a ‘force multiplier’ for renewable energy, as it allows for the integration of more solar, wind and distributed energy resources, and increases grid stability.
The offerings will enable AES to make it easier for organizations in Vietnam to accelerate their clean energy transformation, make meaningful contributions toward a sustainable climate and build competitive advantages within their industries, while at the same time accelerating the clean energy future our world deserves and needs.