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SM Group rolls out Phl's first largest floating solar facility
The Freeman
|August 28, 2025
SM Investments Corp. has rolled out the Philippines' first large-scale floating solar project in Cebu as part of its drive to expand renewable energy across its operations.
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Carmen Copper Corp., a unit of Atlas Consolidated Mining and Development and part of the SM Group, commissioned the 4.99MW facility on the Malubog Reservoir.
Spanning three hectares, the installation is designed to meet about 10 percent of the copper mine's electricity needs, reducing reliance on conventional power sources.
The initiative forms part of the conglomerate's broader clean energy strategy.
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