Pylontech Strengthens Strategy in Southeast Asia Market through 150MWh Energy Storage System Partnership Contract
Ho Chi Minh City, Vietnam, (ANTARA/PRNewswire) - Pylontech (688063.SH), a global energy storage system provider, has signed a Memorandum of Understanding (MoU) with DAT Group Joint Stock Company, a leading provider of industrial automation and sustainable energy solutions in Vietnam. This agreement covers the implementation of a 150MWh energy storage system, representing a key step in Pylontech’s expansion in Southeast Asia.
This collaboration reaffirms Pylontech’s long-term commitment to the Southeast Asian market and reflects the company’s ongoing efforts to support the acceleration of energy transition in the region.
Vietnam has emerged as one of the fastest-growing energy storage markets in Southeast Asia, driven by surging demand for renewable energy integration and conducive policies. According to BloombergNEF, Vietnam’s energy storage market is expected to grow by 25%-30% annually over the next five years. By 2030, the installed capacity of energy storage systems is projected to reach approximately 4 GW, with a total market value exceeding USD 5 billion.
Additional support comes from the implementation of Circular No. 62/2025/TT-BCT on 26 January 2026, which introduces a dual-component tariff mechanism for battery-based energy storage systems (BESS). This policy will accelerate the adoption of energy storage systems in Vietnam and serve as a reference for other markets in Southeast Asia.
Pylontech has long been active in the Vietnamese market, forging partnerships and gaining extensive project experience. Through collaboration with DAT Group as a trusted local partner, Pylontech enhances its implementation capabilities in the local market and delivers solutions tailored to the evolving needs of the local energy market.
With integrated research and development capabilities, from battery cells to system solutions, Pylontech offers a comprehensive product portfolio for residential, commercial & industrial (C&I), and utility-scale applications. To date, Pylontech has implemented its products and solutions in more than 90 countries and regions, building a strong global track record in energy storage.
Recently, Pylontech has also strengthened its regional strategy by enhancing product adaptation for Southeast Asia, translating local needs understanding into more competitive and deployable solutions for various scenarios. Pylontech has executed numerous projects in Vietnam, the Philippines, and Malaysia, and established regional service centres in Vietnam and the Philippines to provide rapid and efficient local support.
“We are delighted to deepen our collaboration with DAT Group and expand our reach in Vietnam,” said a Pylontech representative. “Moving forward, we will continue to leverage our global expertise and local capabilities to support the development of more resilient and sustainable energy systems in Southeast Asia.”
About DAT Group
DAT Group Joint Stock Company is a leading provider of products and developer of solutions in the industrial automation and sustainable energy sector in Vietnam. With nearly two decades of experience, DAT has built a strong ecosystem with competitiveness in culture, strategy, human resources, solutions, and technology. This ecosystem enhances operational efficiency for customers and partners.
About Pylontech
Founded in 2009, Pylontech (688063.SH) is an energy storage system provider listed on the STAR Market in 2020 as China’s first company focused on energy storage systems as its core business. With expertise in electrochemistry, power electronics, and system integration, Pylontech provides reliable energy storage products and solutions for the global market and is recognised as one of the major players in the industry. Its products are used in various applications, including residential, C&I, grid energy storage, communication stations, data centres, light-duty electric vehicles, battery swapping systems, and others. Website: https://en.pylontech.com.cn/?lan=en