Ho Chi Minh City, Vietnam, September 17, 2025 – LEGO Manufacturing Vietnam today announced it has signed a Direct Power Purchase Agreement (DPPA) with Vietnam–Singapore Industrial Park (VSIP) as part of its ambition to operate the new factory, which opened in April 2025, on 100% renewable energy.

This is one of the first direct power purchase agreements (DPPAs) signed in Vietnam, covering an integrated rooftop solar and battery energy storage solution. It also marks the first large-scale renewable energy project specifically designed for industrial use in the country. Under the agreement, renewable electricity generated from VSIP’s large-scale solar system will be delivered to the factory through an industrial battery energy storage system, ensuring a stable and reliable supply of clean energy.

DPPA marks an important step in the LEGO Group’s ambition to run Vietnam factory on 100% renewable energy. 

Jesper Hassellund Mikkelsen, Senior Vice President of Asia Operations and General Manager of LEGO Manufacturing Vietnam, said: “This is an important step forward in our ambition to operate the factory on renewable energy. We are proud to be one of the first companies to sign a DPPA and appreciate the support of the national and provincial authorities in creating this opportunity. We also are grateful for the ongoing support of our operations. We look forward to continuing our collaboration with VSIP to create a world-class, environmentally sustainable factory in Vietnam.”

Nguyen Phu Thinh, General Director, VSIP J.V. Co. said: “The agreement reflects a shared commitment to accelerate the transition to renewable energy and sets a new benchmark for low-carbon manufacturing in Vietnam. By integrating rooftop solar and battery energy storage, we are demonstrating how industrial parks can lead the way in delivering reliable low-carbon solutions.”

The supply of sustainable energy from the agreement is expected to help LEGO Manufacturing Vietnam reduce approximately 15,000 tonnes of CO2e each year and is expected to begin by early 2026. This solution comes in addition to the 12,400 rooftop solar panels already installed on the factory’s buildings, which together will cover approximately 75 percent of the factory’s total energy demand for the first five years. Additional off-site power purchase agreements are also in progress to support the transition to 100% renewable energy. 

Situated in VSIP III – Binh Duong, renowned for its green, smart, and sustainable industrial park model, LEGO Manufacturing Vietnam is the Group’s sixth factory worldwide, its second in Asia, and its most environmentally friendly facility to date.