Lotte Mart Installs Solar Power Systems in Vietnam Stores... Operating 10 Locations by Early Next Year

Lotte Mart has installed a solar power generation facility with an area of 1765m2 on the rooftop of its Nam Saigon store located in Ho Chi Minh City, Vietnam.

[Asia Economy Reporter Lim Chunhan] Lotte Mart announced on the 2nd that it has installed a solar power generation facility with an area of 1765m2 on the rooftop of its Nam Saigon store located in Ho Chi Minh City, Vietnam.

The electricity generated by the solar power facility at the Nam Saigon store is 1319 MWh annually, which is similar to the annual electricity consumption of about 320 households based on domestic standards. In addition, by directly using the electricity produced from the solar power facility in the store, it is expected to reduce electricity bills.

Lotte Mart plans to expand the rooftop solar power facilities to 10 stores in the south-central region of Vietnam by early next year. Expanding rooftop solar power facilities to about 10 stores in Vietnam will enable the production of 11,390 MWh of electricity annually, equivalent to the annual electricity consumption of about 3,000 households based on domestic standards. It will also reduce carbon emissions by 5,300 tons annually, which is equivalent to planting about 38,000 pine trees.

Lotte Mart started operating solar power facilities at 39 stores in Korea in 2010 and currently operates them at 51 stores as of 2021. The number is expected to expand to 55 stores by the end of the year.

A Lotte Mart official said, “We have become able to produce and use electricity through solar installations in Vietnam as well,” adding, “We expect to contribute to environmental preservation and sustainable development.”

This content was produced with the assistance of AI translation services.