The combined 10.44 Megawatt-peak (MWp) solar PV system will deliver over 14,600 Megawatt-hours of electricity per year, equivalent to reducing carbon emissions by close to 10,000 tonnes annually.

Singapore, 15 May 2023 – SP Group (SP), a utilities group and sustainable energy solutions provider in Singapore and the Asia Pacific, and Saigon Beer Alcohol Beverage Corporation (SABECO), Vietnam’s leading beer manufacturer and distributor, have signed a partnership to install 10.44 Megawatt-peak (MWp) of rooftop solar panels in nine breweries operated by SABECO across Vietnam.

As part of the partnership, SP will install rooftop solar panels at SABECO’s breweries in Cu Chi, Lam Dong, Ha Tinh, Hanoi, Tay Do, Vinh Long, Nguyen Chi Thanh, Bac Lieu and Quang Ngai. The project, which is targeted to be completed and operational by the third quarter of 2023, will effectively provide close to 25 per cent of electricity consumed at the factories. It is expected to deliver over 14,600 Megawatt-hours (MWh) of electricity annually, enough to power about 4,082 households in Vietnam. This will also help SABECO to reduce its carbon emissions by close to 10,000 tonnes annually, which is equivalent to taking about 2,200 cars off the road.

Mr. Brandon Chia, Managing Director, Sustainable Energy Solutions, Southeast Asia & Australia, SP Group, said, “This partnership demonstrates our commitment to facilitate the clean energy transition of our customers by advancing the adoption of renewable energy sources for manufacturing facilities. Leveraging our comprehensive range of sustainable energy solutions, we look forward to supporting SABECO towards their energy efficiency goals and in co-creating a more sustainable future for Vietnam.”

Mr. Bennett Neo, General Director of SABECO, emphasized that: “SABECO always seeks to formulate initiatives and solutions that will ensure stable and sustainable business operations for the Company. Over the past few years, we have already embarked on various initiatives covering ESG (Environment, Society and Govermance) through our 4C corporate social responsibility pillars (Consumption, Conservation, Culture and Country), as well as our Best Brewery Awards initiative that are consistent with the Corporation’s general objectives and support the National Green Growth objectives for the period 2021-2030, vision towards 2050”.

In an effort to fulfil the commitment to promote sustainable development initiatives in business operations and foster a sustainable community, SABECO has developed a sustainable development model to achieve net-zero emissions by 2050. Part of its strategy is to reduce water and energy consumption at its breweries with the help of technology and innovative sustainable solutions.

To achieve net-zero emissions, SABECO and SP will study the feasibility of incorporating other sustainable energy solutions such as energy storage systems (ESS) at selected breweries. The incorporation of ESS will allow SABECO to manage the issue of supply intermittency, as solar power can fluctuate due to weather conditions. The ESS will also maximise the solar energy produced and used at the various breweries.

The recent partnership with SABECO continues SP’s commitment to contribute towards Vietnam’s sustainability targets through the proliferation of various sustainability energy solutions. Over the last year, SP announced a target to install 1.5 Gigawatts (GW) of utility scale and rooftop solar projects by 2025.

ABOUT SP GROUP

SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with lowcarbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore, China, Vietnam and Thailand.

As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide.

Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast charging and digital energy solutions for customers in Singapore and the region.

For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG, and on LinkedIn at spgrp.sg/linkedin.

ABOUT SABECO

Ever since its founding 148 years ago, SABECO has grown in the beverage industry and established itself as one of Vietnam’s leading corporations.

SABECO’s national system consists of 26 breweries, 11 member trading companies and a network of hundreds of thousands of selling points across the country. SABECO takes pride in a portfolio of beer brands that are beloved by the people of Vietnam, which includes Bia Lac Viet, Bia Saigon Chill, Bia 333, Bia Saigon Special, Bia Saigon Export, Bia Saigon Lager and Bia Saigon Gold.

Our symbolic brands, Bia Saigon and Bia 333, have high quality standards which are certified by reputable domestic and international organizations. Bia Saigon has for many years been voted as a National Brand of Vietnam. Most recently, it won the 2022 Asian Beer Championship, received the gold medal at the 2019 International Beer Award (IBA), the Gold, Silver and Bronze prizes at the 2019 International Beer Cup (IBC), the Gold and Silver prizes at the 2020 Australian International Beer Award (AIBA) and the Gold and Silver prizes at the 2021 Monde Selection.

With a commitment to jointly promoting business investment and sustainable development, SABECO has always strived to create positive changes that will raise the stature of Vietnamese brands, while encouraging positive development for the community and for Vietnam. Accordingly, SABECO’s sustainable development model focuses on 4 pillars: Consumption - Conservation - Country – Culture.

For more information about SABECO, please visit: www.SABECO.com.vn