Vietnamese startup Alternō’s Thermal Energy Storage Solution Wins PepsiCo APAC Greenhouse Accelerator 2024
PepsiCo, today, unveiled Alternō as the winner of its
2024 Greenhouse Accelerator Program – APAC edition, highlighting the company’s ongoing
desire to help foster next-generation solutions for a more sustainable future. The Greenhouse
Accelerator is an important initiative within PepsiCo’s pep+ strategy, which seeks to promote
sustainability across the company’s operations. By supporting entrepreneurs who focus on
reducing waste, improving food security, and addressing climate change, PepsiCo is reinforcing
its efforts to work towards a sustainable food system that benefits both people and the planet.
Selected from a group of 10 finalists across APAC, including Thailand, Vietnam, the Philippines,
Australia, and China, the 2024 Greenhouse Accelerator Program winner, Alternō, was selected
for its pioneering approach to reducing carbon emissions across agriculture, industry, and
residential heating through thermal energy.
As part of their win, Alternō will receive an additional USD 100,000 grant to further develop its
solution. This grant will be instrumental in helping them to scale their sand-based battery, which
was recently piloted at PepsiCo’s food plant in Vietnam, completing a pellet drying project with a
view to trial heating oil next.
“Winning PepsiCo’s APAC Greenhouse Accelerator Program 2024 is a pivotal moment for our
startup,” said Hai Ho, Co-Founder and COO of Alternō. “PepsiCo’s mentorship and resources
have helped us sharpen our strategy and accelerate our growth. We look forward to further
collaborating with PepsiCo to expand the reach of our solution and contribute to a more
sustainable future.”
The Greenhouse Accelerator Program is designed to be a launchpad for startups that are
reimagining the future of business through sustainability. Participants receive personalized
mentorship from PepsiCo executives, a USD 20,000 grant, and access to PepsiCo’s extensive
industry network, positioning them to bring their innovative solutions to market faster.
