The Philippines is taking significant strides toward clean energy, and SM Prime Holdings is spearheading this transition with its ambitious solar-powered development initiatives. The company has made substantial strides in this area, showcasing its commitment to sustainability and innovation across its properties. Key Highlights
- 47 SM Supermalls nationwide equipped with solar photovoltaic (PV) systems, delivering a combined peak capacity of 63 megawatts.
- 118,000 solar panels deployed across mall rooftops, with a focus on reducing greenhouse gas emissions and aligning operations with global climate goals.
- SM Supermalls President Steven Tan emphasized the company’s long-term vision to reduce carbon footprint and introduce energy-efficient innovations that benefit both operations and the community.
- SM Mall of Asia (MOA) features the multi-use rooftop development MOA Sky, integrating 555 PV panels to add 0.3 megawatts to its 3-megawatt solar PV system.
- MOA Sky is powered by solar energy, enough to power approximately 1,800 households for a month.
- SM MOA recently earned the Sustainable Energy Award for a Private Institution from the Department of Energy, recognizing its role in showcasing the commercial and environmental value of large-scale solar adoption.
| Mall | Solar PV System | Peak Capacity (MW) | Solar Panels |
|---|---|---|---|
| SM Mall of Asia (MOA) | Multi-use rooftop development MOA Sky | 3.3 MW | 555 |
| SM City Bicutan | Parasol structures at Sky Garden | Not specified | Not specified |
“Through these initiatives, we are able to significantly reduce our carbon footprint and create long-term operational savings for our malls, while simultaneously introducing innovative solutions towards a greener and brighter future for everyone,” said SM Supermalls President Steven Tan.
What sets SM Prime Holdings apart is its commitment to sustainability and innovation.
In the pursuit of a cleaner environment, SM Prime Holdings has set its sights on reducing greenhouse gas emissions and aligning its operations with global climate goals. This is achieved through the widespread adoption of solar-powered systems across its properties. The company’s Net Zero 2040 roadmap provides a clear vision for its sustainability efforts, focusing on long-term reductions in carbon footprint and the introduction of energy-efficient innovations that benefit both operations and the community. By integrating solar-powered systems into its mall designs, SM Prime Holdings is showcasing the potential for commercial spaces to reduce their environmental impact. This approach not only sets a positive example for other businesses but also offers practical benefits for the environment and the community. As the Philippines continues on its path toward clean energy, SM Prime Holdings is taking a leading role in this transition. With its solar-powered development initiatives, the company is demonstrating its commitment to sustainability and innovation, providing a model for others to follow. The success of these projects will likely inspire other businesses to adopt similar strategies, contributing to a cleaner and more sustainable environment for the country’s commercial sector.
