Imagine a world powered by the sun, the ultimate source of life. As climate change worsens due to the use of fossil fuels, sustainable energy alternatives are more important than ever. The Philippines, with its abundant sunlight, is uniquely positioned to harness solar energy and help combat climate change. In 2024, Manila would experience approximately 4,440 hours of daylight, which translates into 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 rooftop photovoltaic (PV) solar panels, achieving the largest installation in Southeast Asia at the time. This move marked the beginning of SM Prime’s commitment to renewable energy and energy efficiency.
Steven Tan, president of SM Supermalls, explains: “SM’s environmental sustainability started with energy and water conservation. Revolutionizing the energy efficiency of our shopping centers through renewable sources increases our responsibility to serve people and the planet.”
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Today, SM Supermalls operates 44 malls with solar PV systems, which generate a combined peak energy of 51.6 megawatts (MW). The largest installation is located in SM City Santa Rosa. With a total of 96,000 solar panels spread across malls in Luzon and Visayas, SM Prime owns the largest solar portfolio in the Philippines, covering approximately 33 hectares. These efforts are a key part of the company’s Net Zero by 2040 strategy, aimed at reducing its environmental footprint.
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This 51.6 MW capacity significantly reduces CO2 emissions and provides clean energy that powers thousands of homes or removes thousands of cars from the road. It also reduces the need for coal and provides environmental benefits for both the planet and local communities.
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The solar energy generated directly powers essential mall operations such as lighting and escalators, reducing SM Supermalls’ dependence on the national electricity grid. This in turn helps stabilize power supplies, reduce the risk of outages and ease the burden on electricity suppliers. By using clean, renewable energy, SM Prime contributes 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 aims to create positive change while ensuring responsible, innovative operations.
In short, SM Prime’s large-scale adoption of solar PV systems, combined with its broader environmental initiatives, exemplifies its commitment to creating a sustainable future for the Philippines. By leading the way in renewable energy and sustainability, SM Prime is helping pave the way for a cleaner, greener and brighter future.
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