By Alena Mae S. Flores | Nov. 20, 2014 at 11:01pm [ manilastandardtoday.com ]
President Benigno Aquino III is set to inaugurate on Monday a 1.5-megawatt solar rooftop project that will make SM North Edsa in Quezon City the world’s largest solar-powered mall.
Solar Philippines teamed up with SM Malls to build the first of the solar rooftop projects as part of SM Group’s commitment to using clean and
Solar Philippines said it outfitted the North Edsa parking building with 5,760 solar panels and 60 inverters covering over 12,000 square meters.
The 1.5-MW solar rooftop project would augment the mall’s power requirements, or the equivalent of 2,000 Filipino homes.
It is expected to operate for over 25 years and offset an estimated 40,000 tons of carbon dioxide, or the equivalent of planting 200,000 trees.
Solar Philippines took the lead in accelerating the adoption of solar energy as a solution to climate change and the power crisis. The company’s mission is to make solar affordable and accessible to every home and business in the country.
“The days of having to choose between business and the environment are over,” said Leandro Leviste, president of Solar Philippines.
“Solar has gained the reputation of being expensive, not because of the technology, but because previous efforts were too small to benefit from economies of scale. By building the country’s largest projects, we’ve become the first local company to make solar cost-competitive with fossil fuel,” Leviste said.
Solar Philippines said as it expanded into more high profile commercial projects, it would take advantage of economies of scale to bring solar to the residential market at more affordable prices.
It recently introduced residential packages, empowering Metro Manila homeowners to drastically cut their electricity bills, taking the company further along its mission of bringing solar to every home and business in the country.
Solar Philippines financed, designed and constructed the entire system at zero upfront cost to the Central Biñan Mall, which was recently completed. Solar electricity is supplied directly to the mall at below the rates of Manila Electric Co., generating savings to the mall owner.