A brighter 2025 for Filipinos: SM Prime evolves with renewable energy

In Photo:

1. SM North EDSA is operational with a 1.5MWp solar energy system since 2014.
2. SM City Santa Rosa adopts a 3.17MWp solar energy system in 2023, reinforcing its
   commitment to clean energy.
3. SM City Urdaneta Central in Pangasinan powers its operations with a 0.89MWp solar
   energy system, fully operational in 2023.
4. In 2023, SM City Grand Central in Caloocan activates a 1.6MWp solar energy system,
   enhancing its sustainability efforts.
5. SM City Cabanatuan harnesses the power of the sun with a 0.413MWp solar energy
   system, powering the mall with clean energy.
6. Solar power directly fuels key mall operations, including lighting and escalators,
   minimizing SM Supermalls’ dependence on the national grid.
7. SM Mall of Asia Light-Emitting Diode (LED) lights illuminate the mall, creating a dynamic
   and energy-efficient atmosphere.
8. SM Mall of Asia (MOA) Square boasts a 2MWp solar energy system, reducing its
   environmental impact and contributing to a greener future.

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. (PR)