With dwindling global resources, the shift to renewable energy is no longer optional but essential. Malls, as major energy users, are uniquely positioned to lead this transition by dramatically lessening their environmental footprint through sustainable energy solutions.
Understanding this, SM has taken a proactive stance by ramping up its renewable energy initiatives, particularly through the adoption of solar photovoltaic (PV) systems. These systems convert sunlight directly into electricity, which help reduce SM’s reliance on fossil fuels, lower energy costs, and contribute to a greener environment.
As of February 2025, SM is nearing full operations for the solar PV systems installed in 45 of its properties across the country, with more slated for retrofitting soon.
The widespread adoption of solar PV systems is part of SM’s broader commitment to supporting the Department of Energy’s (DOE) Renewable Energy Roadmap 2017-2040, which aims to increase the country’s renewable energy installed capacity to at least 20,000 MW by 2040.
SM’s efforts have garnered significant recognition. For instance, SM Mall of Asia received the Sustainable Energy Award for a Private Institution at the 2024 Energy Efficiency Excellence Awards and Sustainable Energy Awards, organized by the DOE. The malls’ solar PV system is capable of generating 2.7-megawatts (MW) of peak energy—enough to power 1,790 households for an entire year.
Meanwhile, SM City Butuan was also recognized under the New and Existing Building category at the ASEAN Energy Awards 2024 Best Practices Competition for Energy-Efficient Buildings. Endorsed by the DOE to represent the Philippines, the mall was honored for advancing energy efficiency and conservation (EEC) innovations in its design and operations.
Public-private partnerships for a sustainable future
SM works with partner solar PV system providers under the Energy Regulatory Commission (ERC) Distributed Energy Resources program.
“At SM, sustainability is a commitment. Our growing solar portfolio demonstrates our dedication to a greener future for the Philippines, in partnership with the DOE and our valued partners,” shared SM Supermalls Vice President for Corporate Compliance Group Engr. Liza Silerio.
“Together, we’re not just generating cost savings – we’re shaping a more sustainable future by supporting long-term environmental goals of our partners while contributing to the Philippines’ green transition,” said Green Heat Corporation Director Glenn Tong. Green Heat is one of SM’s solar PV system providers.
Beyond its environmental and economic benefits, SM’s deployment of solar PV systems demonstrates a mutually beneficial public-private partnership (PPP) model. Working with the DOE, SM accesses valuable resources while contributing to national sustainability targets. This approach promotes innovation, creates jobs, and sets a precedent for other commercial establishments to follow.
