Solar Philippines Eyes More Than 20 Solar-Powered Malls by Mid-2016
Manila, Philippines—To drum up business and create public awareness about the benefits of solar panels, Solar Philippines is looking at completing solar panel installations on the roofs of more than 20 shopping malls by summer next year.
At the recent energy expo “Powertrends 2015,” Leandro Leviste, Solar Philippines founder, told Malaya, “The solar panels on the rooftop of SM North EDSA produce 1.5 megawatts of electricity that’s enough to run 16,000 lighting fixtures and 20 escalators.”
This enables SM to save P2 million per month and to impede 1,200 tons of carbon dioxide, which is like planting 6,000 trees per year.
Before the end of this month, Leviste’s company, which is the first in the Philippines to fully finance solar panel installations at zero upfront charges, is set to complete prepping the rooftop of SM Mall of Asia’s parking building.
“[We’d like] to raise awareness that solar energy is commercially viable among millions of people that [frequent] SM Mall of Asia. We also have four under construction with Robinsons Mall and many more in the pipeline with them,” Leviste, who recently graduated from Yale University, explained.