Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

WalterMart malls go solar with First Gen

by
November 10, 2024
in Top News
0
WalterMart malls go solar with First Gen
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

WM SHOPPING CENTER Management, Inc., the developer of WalterMart malls, has partnered with First Gen Corp. for solar power projects in Luzon.

First Gen and its sister company Pi Energy, Inc. constructed solar photovoltaic systems for WalterMart malls in Quezon, Zambales, Pampanga, Nueva Ecija, Batangas, Bulacan, and Rizal, the company said in a statement over the weekend.

Building these solar power plants, which have a total capacity of 11.4 megawatts-peak (MWp), is part of the mall chain’s multi-phased program to source a substantial portion of its electricity from clean energy.

“In a span of four years, our partnership has grown in terms of scale and investment, and that shows the level of commitment of WalterMart to integrate renewable energy into its operations,” said Mark Malabanan, Pi Energy’s assistant vice-president for solar and key partners’ growth.

WM Shopping Center Management has 41 community malls in the country with a total solar capacity of 12.3 MWp, which is expected to expand to 27 MWp from 25 solar-powered malls by the end of the year.

The company is targeting to source 20% of its power requirements from solar energy by the end of 2025.

WalterMart first tapped First Gen and Pi Energy in 2019 with the installation of a solar power facility atop a WalterMart mall carpark building in Nasugbu, Batangas.

First Gen has a total of 3,697 MW of installed capacity coming from its portfolio of plants that run on geothermal, wind, hydro, solar energy, and natural gas. — Sheldeen Joy Talavera

ShareTweetPin

Related Posts

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026
Top News

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026

June 11, 2026
FTSE 100 edges higher as investors balance financial recovery and AI risks
Top News

FTSE 100 edges higher as investors balance financial recovery and AI risks

June 11, 2026
SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares
Top News

SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares

June 11, 2026
Dow futures surge 370 points: 5 things to know before market opens
Top News

Dow futures surge 370 points: 5 things to know before market opens

June 11, 2026
Why Claude Mythos Preview is a wake-up call for Wall Street
Top News

Why Claude Mythos Preview is a wake-up call for Wall Street

June 11, 2026
SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63
Top News

SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63

June 11, 2026
Next Post
The Trump card wins the election game

The Trump card wins the election game

Recommended

BEC’s eSmart M&I: Voice-Based Maintenance and Inspection Solutions Revolutionising Operations

BEC’s eSmart M&I: Voice-Based Maintenance and Inspection Solutions Revolutionising Operations

November 7, 2024
More PhilHealth benefits sought

More PhilHealth benefits sought

August 11, 2024
How does the Philippines compare in the region in terms of military expenditure as share of GDP?

How does the Philippines compare in the region in terms of military expenditure as share of GDP?

August 19, 2024
Calamity funds released by end of July top P13 billion

Calamity funds released by end of July top P13 billion

August 13, 2024
The demographic dividend of the Philippines: Avoiding growing old before becoming rich

The demographic dividend of the Philippines: Avoiding growing old before becoming rich

December 3, 2024
Pound reaches two-year high as Bank of England holds interest rates steady

Pound reaches two-year high as Bank of England holds interest rates steady

September 20, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Former Fed insiders raise new rate-hike concerns

    Former Fed insiders raise new rate-hike concerns

    June 17, 2026
    73-year-old beef producer shuts 2 plants, cuts jobs

    73-year-old beef producer shuts 2 plants, cuts jobs

    June 17, 2026
    Nike gets World Cup opportunity it can’t afford to waste

    Nike gets World Cup opportunity it can’t afford to waste

    June 17, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved