Philippine retail giant SM Prime Holdings Inc. is building a 1.5-megawatt solar rooftop on the sprawling SM City North Edsa Mall in Metro Manila, Philippines. At a leasable area of 430,000 square meters, the mall is recognized as the 4th largest in the world, and converting to solar energy would make the building the largest solar-powered mall in the world.
In use, solar energy produces no emissions. One megawatt hour of solar electricity offsets about one ton of carbon dioxide. Solar plants also produce electricity during peak hours when the grid supply is tight, preventing power blackouts.
SM Prime also built a 1.1-megawatt solar rooftop in its Xiamen mall last year, the first shopping mall in the group’s growing portfolio in mainland China.
The project involved the installation of 3,740 solar panels on the roof of SM City Xiamen Phase 1 and Phase 2 (SM Lifestyle Center), with a total investment of RMB13.2 million or USD2 million.
SM Prime president Hans T. Sy said, “SM Prime has always been committed to reduce greenhouse emissions and maximize energy efficiency in our malls. This is just one of many renewable projects we have been doing in our developments and we will continue with finding ways on how to make our operations more environmentally sound and sustainable.”