Imagine a world powered by the sun, the ultimate source of life. As climate change worsens due to fossil fuel use, sustainable energy alternatives are more crucial than ever. The Philippines, with its abundant sunlight, is uniquely positioned to harness solar power and help combat climate change. In 2024, Manila experienced around 4,440 hours of daylight, which translates to a significant potential for solar energy production.
SM Prime recognized this potential early on. In 2014, SM North EDSA became the first commercial property in the Philippines to install solar photovoltaic (PV) panels on its roof, achieving the largest installation in Southeast Asia at the time. This move signaled the beginning of SM Prime’s commitment to renewable energy and energy efficiency.
SM Supermalls President Steven Tan explains, “SM’s
environmental sustainability began with energy and water conservation.
Revolutionizing our malls’ energy efficiency through renewable sources
magnifies our responsibility to serving people and the planet.”
Today, SM Supermalls operates 44 malls with solar PV
systems, generating a combined peak energy of 51.6 megawatts (MW). The largest
installation is at SM City Santa Rosa. With a total of 96,000 solar panels
across malls in Luzon and Visayas, SM Prime holds the Philippines’ largest
solar energy portfolio, covering around 33 hectares. These efforts are a vital
part of the company’s Net Zero by 2040 strategy, aimed at reducing its carbon
footprint.
This 51.6 MW capacity significantly cuts carbon emissions,
providing clean energy that powers thousands of homes or removes thousands of
cars from the roads. It also reduces the need for coal, offering environmental
benefits for both the planet and local communities.
The solar power generated directly fuels essential mall operations
like lighting and escalators, reducing SM Supermalls' reliance on the national
grid. This, in turn, helps stabilize the power supply, reducing the risk of
outages and easing the burden on electricity providers. By tapping into clean,
renewable energy, SM Prime is contributing to a more sustainable future for the
Philippines.
SM Prime’s sustainability efforts extend beyond solar
energy. The company also focuses on waste management, water conservation, and
air quality initiatives, all designed to minimize environmental impact. Through
these comprehensive measures, SM Prime strives to create a positive change
while ensuring responsible, innovative operations.
In sum, SM Prime’s large-scale adoption of solar PV systems,
combined with its broader environmental initiatives, exemplifies its dedication
to creating a sustainable future for the Philippines. By leading in renewable
energy and sustainability, SM Prime is helping pave the way for a cleaner,
greener, and brighter tomorrow.
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