VinEnergo has unveiled a sweeping international growth strategy centred on a 100GW renewable expansion, with the company initially directing its efforts toward Asia and Europe. The plan follows the securing of development agreements for a renewable energy project portfolio totalling 10 GW. Building on this foundation and alongside the capacity already approved in Vietnam, VinEnergo intends to accelerate project deployment over the next three years. Through this strategy, the company aims to scale its total deployed capacity to 100 GW, positioning itself as a major global renewable energy enterprise while reinforcing its role in the international energy transition through its 100GW renewable expansion roadmap.
Under the company’s broader strategy, VinEnergo plans to develop 100 GW of renewable energy projects within the next three years. Half of this capacity around 50 GW will be located in key international markets including North America, Northern Europe, the Mediterranean, and Southeast Asia. These regions were selected due to their rapidly increasing electricity demand, supportive renewable energy policies, and strong opportunities for international investment. By targeting these markets, VinEnergo intends to advance its 100GW renewable expansion while expanding its global presence in large-scale clean power projects.
Alongside its primary markets, the company is also assessing opportunities in other regions where electricity demand and emissions reduction pressures are rising quickly. Central Asia and Africa have been identified as potential areas for expansion. Through cooperation with governments and other stakeholders, VinEnergo plans to support businesses seeking access to clean electricity while contributing to Net Zero goals and participating in the development of green energy policy frameworks. To support the long-term implementation of its renewable energy pipeline, the company has secured partnerships with international financial institutions to obtain green credit financing. VinEnergo has also entered agreements with several reputable foreign partners to jointly develop a 10 GW project portfolio. These collaborations are designed to ensure control over every stage of project development, including design, scheduling, commercial structuring and long-term operations, reinforcing the company’s 100GW renewable expansion strategy.
In Northern Europe, VinEnergo partners with GreenGo Energy to develop a renewable energy project portfolio of 2 GW in Denmark and Sweden, with long-term plans to expand capacity across the region and Europe to 6.2 GW.
In the Philippines, the company is pursuing several solar developments, including 1.3 GW with NKS Renewables Inc, 1.2 GW with URG Asia Corporation, and 1.3 GW with 11.11 Growth Properties, targeting major solar installations in Luzon, Visayas, and Mindanao. Within these co-development initiatives, VinEnergo maintains more than 80 percent ownership and acts as the primary developer responsible for capital mobilization, construction and long-term operations. Several projects commenced in early 2026 and are expected to begin operations during 2027 to 2028.
Supported by in-house capabilities in manufacturing and integrating battery energy storage systems (BESS), the company can standardize project design, secure equipment supply and align technical solutions across its portfolio an approach intended to strengthen operational stability and support the broader 100GW renewable expansion plan. According to the plan, in the first quarter of 2026, VinEnergo will increase its total international renewable energy portfolio to 20 GW, with at least 8 GW of additional projects in Southeast Asia and Africa expected to be signed during the period.
