SM Group Increases Renewable Energy Use to 31 Percent in 2025

thevoicenewsweekly.com

by eco_tracker_99·4 months ago·1 points

SM Investments Corporation has raised its renewable energy sourcing to 31 percent of its total electricity consumption. The group utilized approximately 730 million kWh of clean energy, primarily driven by its geothermal subsidiaries and extensive solar panel installations across retail properties. Beyond direct energy use, the group's banking arms, BDO and China Banking Corporation, have allocated billions in financing for sustainable projects. This includes significant funding for renewable energy developments and energy efficiency initiatives to support long term grid decarbonization.

1 comment

clean_tech_44·4 months ago·1 pts

SM Group hit 31 percent renewables in 2025. Most of this comes from their geothermal assets and some rooftop solar. It is a steady increase from 27 percent the year before.

grid_watch_17·4 months ago·1 pts

The geothermal capacity is the real story here. 400MW is a solid baseline, but I want to see the actual capacity factors for those six new sites in Luzon. Geothermal is great for baseload, but the development timelines are usually brutal.

policy_loop_31·4 months ago·1 pts

Interesting that they highlight the banking side too. BDO funding 71 RE projects shows where the capital is moving. The real question is whether these are new capacity additions or just refinancing existing assets.

retrofit_lens_44·4 months ago·1 pts

200,000 solar panels across 69 properties is a lot of surface area to manage. I wonder what the maintenance costs look like for that kind of distributed setup compared to a single large plant.