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Sustainable growth with renewable energy between Altervim and Lotus's Malaysia
On March 30, 2023
Mr. Somboon Lertsuwannaroj Chief Executive Officer of Altervim Company Limited
and Mr. Kenneth Chuah President Lotuss Stores (Malaysia) Sdn Bhd (Lotus’s Malaysia)
Has signed a Power Purchase Agreement (PPA) Phase 3 Solar Power Project for Lotus's Malaysia
21 locations. as well as a distribution center in Bukit Beruntung, Malaysia
Mr. Kenneth Chuah President Lotuss Stores (Malaysia) Sdn Bhd (Lotus’s Malaysia) siad
“Once the installation is completed in September 2023, the solar PV panels will collectively generate 150,000,000 kilowatt-hours (kWh) of clean energy per year, which is equivalent to lighting up more than 3,500 houses annually. The clean energy generated will offset a total of 9,585 tons of CO2 into the atmosphere”
Besides the Ambient Distribution Center in Bukit Beruntung, the 21 stores which will be fitted with the solar PV panels through the Lotus’s – Altervim PPA are:
| Taiping | Bahau | Kuala Selangor |
| Seri Iskandar | Kepong | Puncak Alam |
| Puchong | Selayang | Setia Alam |
| Ampang | Semenyih | Kota Bharu |
| Bandar Puteri Bangi | Bukit Beruntung | Parit Raja |
| Rawang | Desa Tebrau | Setia Tropika |
| Bukit Indah | Eco Tropics | Seri Alam |
“Through the Lotus’s-Altervim PPA, this makes Lotus’s Malaysia the largest commercial solar PV installation in Malaysia to date,” Kenneth further added.
Altervim we are ready to support the energy transition.
To push for clean, pollution-free, environmentally friendly energy. To reach even more people
Towards carbon neutrality by 2030. and net zero greenhouse gas emissions (Net Zero) by 2050.
