Lopez-led Pi Energy Inc. completed recently the installation of a rooftop solar power system atop the WalterMart mall carport in Nasugbu, Batangas. The installation of the solar power system is WalterMart’s modest way of helping the environment by mitigating climate change.
A solar power system does not produce carbon dioxide (CO2), one of the greenhouse gases directly associated with adverse climate change. The CO2 being offset by the Walter Mart solar carport system corresponds to planting about 440 carbon-absorbing trees per year.
Abraham Uypeckcuat (left), chairman of WM Shopping Center Management Inc., shakes the hand of Victor Emmanuel “Lito” Santos Jr., Pi Energy president, after the completion of the rooftop solar power system (inset photo).
WM Shopping Center Management operates a chain of community malls in Metro Manila, Batangas, Laguna, Cavite, Bulacan, Pampanga and Nueva Ecija. Pi Energy, a wholly owned subsidiary of Lopez holding firm First Philippine Holdings Corp., is primarily engaged in the generation and supply of energy from renewable resources, as well as the construction and installation of energy-related facilities.
It is a sister firm of First Gen Corporation, the country’s leading clean and renewable energy company. With an installed capacity of 3,492 megawatts, First Gen’s portfolio of power plants runs on solar, hydro, wind, and geothermal, which are renewable energy sources; as well as natural gas, considered the cleanest form of fossil fuel.