Constant Energy Solar Unveils 2023 Milestones for Sustainability and Growth.

1. STRENGTHENING OUR LONG-TERM INVESTOR BASE:

Last month, Constant Energy gained a new strategic investor, Virya Energy of Europe, who shares our vision for a sustainable world using green energy. Their trust and support will enable us to scale our solar power operations of industrial solar panels, accelerate commercial solar growth, and drive transformative change in the clean renewable energy sector. The partnership with Virya also brings additional synergies, expanding our ability to service not only our clients in Asia but also in Europe, leveraging its strong expertise in wind, storage, and hydrogen. This investment validates Constant Energy's strategy thus far and underscores our ability to deliver solid returns to large factories looking to conserve energy while positively impacting the environment.

2. LEADING BY EXAMPLE: NEW HIRES FOSTER TWO E’S (EXPERTISE AND EXCELLENCE):

In line with Constant Energy's commitment to growth and development, we've welcomed highly experienced team members, strengthening our expertise and promoting inclusivity. With a leadership gender ratio of 55% male and 45% female and a diverse team spanning Europe, Africa, Asia, and North America, these additions enhance our culture, promoting collaboration and improving project delivery and client service. Moreover, Constant Energy is dedicated to promoting Diversity, Equity, and Inclusion (DEI), ensuring all team members contribute to and benefit from a culture valuing differences and equality.

3. ADVANCING TOWARDS NET ZERO CARBON EMISSIONS:

Constant Energy is committed to achieving Net Zero carbon emissions. This means we've significantly reduced our carbon footprint through innovation and sustainable actions while maintaining the highest performance standards. While Constant Energy is already largely carbon neutral, we are steadfastly working towards achieving Net Zero carbon emissions by 2040. This initiative allows our organization to serve as a guide to other companies seeking to reach net zero carbon emissions. It stands as evidence of our strong commitment to a greener future and a planet in better health. We have also developed plans to support our valued clients in jointly pursuing this goal.

4. EXPANDING PRESENCE: OPENING OF NEW OFFICE IN MALAYSIA:

Constant Energy has opened a new office in Malaysia per our expansion strategy. This move extends our geographic reach and enhances our capacity to access new green energy markets and collaborate with international partners. This office will concentrate on existing Malaysian projects, marking an exciting chapter in our journey to drive sustainable solutions for commercial solar clients and promote clean renewable energy adoption in the region using solar power purchase agreements.

5. AWARDS AND RECOGNITION IN RENEWABLE ENERGY:

Constant Energy is pleased to formally announce that we've received the "Solar Company of the Year: Developer-Rising Star" award at The Solar Week Malaysia Leadership Awards 2023, adding to our distinguished accolades. We extend profound gratitude to our dedicated team, esteemed partners, and invaluable stakeholders for their support in securing this award.

In addition to this, on March 19, 2023, Constant Energy achieved yet another significant milestone by earning a gold medal from EcoVadis with a score of 70/100. Notably, this score surpasses our previous rating from April 2022, showcasing continuous improvement in our environmental, social, and ethical performance. It reflects our dedication to enhancing our sustainability practices and further solidifies our position as a responsible and forward-thinking leader in the solar industry. These latest accolades motivate us to set higher standards as we continue pushing the boundaries of solar development, steadfast in our pursuit of a sustainable and environmentally conscious future.

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[ABOUT CONSTANT ENERGY]

Constant Energy is a renewable energy generation and storage investment platform that invests in and manages high-quality power assets in selected countries. As a commercial solar panel developer and Independent Power Producer (IPP), we develop, design, finance, build, own, and operate utility-scale and commercial rooftop solar photovoltaic power stations to lead the way in alternative energy resources and renewable energy. Regionally headquartered in Bangkok, Constant Energy operates primarily in Southeast Asia. We produce long-term green and reliable electricity for our clients, using renewable energy sources and green energy fuels, enabling them to reduce their energy bills and increase profitability and enterprise value while focusing on their core business activities.

More information can be found here at https://constantenergy.net/

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[ABOUT VIRYA]

Virya Energy is active in the development, financing, construction, and operation of renewable energy production sources. The holding, established at the end of 2019 by Colruyt Group and its majority shareholder, Korys, holds 100% of the shares of Eurowatt, Eoly Energy, DATS 24, and Sanchore. Virya Energy is set to develop renewable energy generation capacities further and deliver services across the entire value chain of sustainable energy solutions, including storage. Based in Belgium, Virya Energy and its subsidiaries developed, own, and operate more than 1 GW of green energy generation capacity globally and are active in numerous green hydrogen initiatives.

More information can be found at www.virya-energy.com