Villar Group’s renewable energy developer-firm PAVI Green has strengthened partnerships with its affiliate Vista Malls and All Home Luzon branches for the provision of solar-generated electricity to these establishments.
In a statement to the media, the Villar RE firm said that it will be generating up to 467,647.41 kilowatt hours (kWh) per month of energy from rooftop solar panels in all Vista Malls and All Home Luzon branches.
“This initiative is expected to reduce carbon emissions equivalent to 3,754,273.4 kilograms per year or equivalent to 22,526 planted trees,” the company said.
Paolo Villar, CEO of Vista Land and Lifescapes, Inc., stressed on the significance of this energy shift for cost efficiency and environmental conservation. PAVI Green installed 11,315 solar panels across 14 Luzon stores, yielding significant cost savings and environmental benefits.
PAVI Green said 11,315 solar panels had been installed in all 14 stores in Luzon, with average capacity of 432-kilowatt peak of total power from the solar panels – and these in turn, yield cost savings of at least 10 to 15% in each branch that has been utilizing renewable energy-generated power.
The Villar-owned stores equipped with solar panels have been the Vista Mall branches in Sta. Rosa, Laguna; Tanza and Dasmarinas, Cavite; Bataan and Pampanga; as well as Starmall San Jose Del Monte, Bulacan.
For its All-Home branches, few branches that draw electricity from solar include Imus and Kawit, Cavite, Antipolo, Rizal, as well as San Ildefonso, Bulacan, Cabanatuan in Nueva Ecija, then Santiago and Cauayan in the province of Isabela.