Manila, Philippines–DoubleDragon Properties Corp., alongside FP Island Energy Corporation, has inaugurated a 1,098-panel high-efficiency solar installation at the rooftop of DoubleDragon Plaza, DD Meridian Park, in Pasay City.

This solar installation at DoubleDragon Plaza, which is LEED (Leadership in Energy and Environmental Design) Silver pre-certified, is expected to displace 418 tons of carbon dioxide annually.

“DoubleDragon expects to soon host 100 megawatts of solar power on its various properties across the country which will add considerable additional revenues to the company,” said DoubleDragon Chief Investment Officer Hannah Yulo.

According to DoubleDragon Chairman Edgar Sia II, “We endeavor to build sustainable and eco-friendly structures that will blend well with the community and should remain productive and relevant in the next 100 years.”

The company has been focused on both the execution of its real estate projects as well as enhancing operational efficiencies and optimization of its investment yields.

The first five office towers in DD Meridian Park is now 100% leased out and currently hosts over 20,000 employees of its tenants such as Jollibee, Mang Inasal, Chowking, Burger King, and Baskin Robbins, among others. The tenant employee population is expected to grow to over 50,000 by the end of 2020.