Growthpoint undertakes its largest solar power projects yet
Growthpoint has already completed the installation of photovoltaic solar panels with the capacity to generate over 3,2MWp at seven of its office, retail and industrial properties. Growthpoint has therefore passed the halfway mark in achieving its goal to install rooftop solar farms capable of generating an impressive 6MWp. This is enough solar energy to power nearly 2,500 average South African homes.
These solar farms are at its landmark assets across the country, including Cape Town’s V&A Waterfront, The Constantia Village, Bayside Mall and Airport Industria. Its InfoTech building in Pretoria, Waterfall Mall in Rustenburg and Lincoln on the Lake office building in Umhlanga also benefit from solar power generating installations.
Growthpoint has a further four projects underway, expected to generate some 2,7MWp of renewable energy. It is establishing solar farms at Northgate Mall and Kolonnade Shopping Centre in Pretoria, Brooklyn Mall in Johannesburg and its office property at 33 Bree and De Waterkant in Cape Town. This is only the beginning for Growthpoint. It has identified over 70 buildings across its portfolio for possible future solar PV installations