Altervim and TrueMoney pioneers digital financing for the first solar installation in Thailand!

By Altervim
9 Jul 2025
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Living Solution​

Altervim with TrueMoney and Pay Next Extra partner to help Thais access solar energy,
paving the way toward a low-carbon and sustainable future.

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Bangkok, 8 July 2025 – TrueMoney, a leading electronic payment service provider and one of Southeast Asia’s top digital financial services companies, together with Pay Next Extra, a digital credit service from Ascend Nano Co., Ltd., announced a strategic partnership with Altervim, a renewable energy investment and development company under the Charoen Pokphand Group. This collaboration aims to drive Thailand toward a more sustainable, low-carbon future by enabling households to easily access clean energy through Pay Next Extra, a pre-approved digital credit line available via the TrueMoney app for solar panel installation.This partnership marks a significant step in promoting the country’s transition to a low-carbon society and achieving net-zero greenhouse gas emissions in line with the national policy. Most notably, it introduces Thailand’s first digital loan solution specifically for residential solar energy systems, making clean energy more accessible, equitable, and sustainable for everyone.

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Ms. Pakawadee Korcharoenrattanakul, Director of Business Development at Altervim Co., Ltd., added:

“Altervim is dedicated to making clean energy truly accessible to all. Our collaboration with TrueMoney and Ascend Nano removes key barriers such as high upfront costs and complex processes. This flexible, digital financing solution aligns with modern lifestyles and empowers individuals and businesses with high electricity needs to adopt solar energy more easily and quickly. When access to solar technology is no longer a challenge, it becomes a catalyst for nationwide transformation toward a truly sustainable clean energy future.”​​​​​​​
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Mr. Korakrit Mekboonsonglarb, Head of Partner Business Success at TrueMoney Co., Ltd., said:

“At TrueMoney, we are committed to financial innovation that uplifts lives and expands opportunities. By joining forces with Pay Next Extra and Altervim, we are merging our FinTech capabilities with GreenTech, offering tangible clean energy solutions. This collaboration provides a fully digital credit line for solar panel installation — quick and easy to apply via the TrueMoney app. It reflects our mission to connect every household with sustainable energy using digital financial tools, in line with the growing consumer demand for eco-friendly lifestyles.”

Rising Demand for Solar Power in Thailand
Thailand’s solar energy market continues to expand. According to Verified Market Research, the market is valued at approximately USD 3.32 billion in 2024, with projections reaching USD 9.46 billion by 2032, representing a CAGR of around 14%. This growth highlights increasing awareness among consumers and businesses for sustainable, cost-effective energy solutions, especially amid fluctuating energy prices.

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A Convenient Path to Clean Energy
To meet this growing demand, the partnership now enables interested users to access home solar systems more conveniently through the Pay Next Extra digital credit line on the TrueMoney app.

Up to THB 500,000 credit line

Flexible repayments up to 84 months

0% down payment

Special low interest rate of 0.6% per month

Customers also benefit from Altervim’s all-in-one service, which includes site inspection, electricity usage analysis, system design and installation, and after-sales service. With experience in over 2,800 projects nationwide, Altervim ensures high-quality, high-efficiency systems that can help users reduce electricity bills by up to 70%.

 

👉 Learn more:
🔗 TrueMoney Pay Next Extra Promotion
🔗 Altervim Clean Energy Solutions