In the presence of the South Sulawesi Governor, Vingroup and PT. Sulsel Andalan Energi representatives sign an MoU. (Photo: Vingroup)
Vietnam’s largest private conglomerate Vingroup is accelerating its renewable energy expansion, announcing on Sept. 19 a partnership in Indonesia to develop large-scale solar power projects and build a green smart city in South Sulawesi province. The move underscores the group’s strategy to tap clean energy as a pillar for global market growth.
Vingroup taps Indonesia’s green transition
According to the memorandum of understanding, Vingroup has formed a strategic partnership with PT. Sulsel Andalan Energi, an energy company owned by the South Sulawesi provincial government. Vingroup will provide insights on renewable technologies and trends, while its partner will support local regulations and infrastructure coordination. The collaboration aims to develop ground-mounted and floating solar projects, with future integration of energy storage and grid connection.
