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On March 28, 2026, the Gia Lai Provincial People’s Committee and VinEnergo Joint Stock Company signed a memorandum of cooperation to study and seek investment opportunities for the Gia Lai Wind Power Plant Cluster project.
The agreement is intended to establish close coordination between the parties to support research activities and on-site surveys. The project is planned to be developed in two phases, with a scale described as among the largest in the region.
Phase 1 is expected to begin with a total capacity of about 2,000 MW, with expansion to about 3,000 MW in Phase 2.
The total investment for the entire project is estimated at about VND 210,000 billion (approximately USD 8 billion). If implemented successfully in two phases, the project would form a large clean energy complex designed to provide abundant and stable electricity to the national grid, supporting growing energy demand.
The project is also positioned as a contributor to economic and social development in Gia Lai province, while aiming to reduce environmental pollution and address global climate change, alongside supporting long-term national energy security.
VinEnergo is currently advancing several large renewable energy projects across Vietnam, including:
In addition, VinEnergo has outlined a strategy to expand globally, announcing a goal to develop 100 GW of renewable energy over the next three years in core international markets including North America, Northern Europe, the Mediterranean, and Southeast Asia. It is also researching potential markets in Central Asia and Africa.
VinEnergo has signed initial international project portfolios in Denmark, Sweden, and the Philippines with a total capacity of 10 GW.
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