Real estate investment trust Hyprop Investments has completed and commissioned the R45-million Phase 2 of its solar PV project at the Glen Shopping Centre, which the company co-owns and manages.
Phase 2 boosts the centre’s total installed solar capacity to 4 304 kW.
The system is expected to generate over 5 GWh/y of clean electricity, supplying over 40% of the centre’s energy needs and saving more than R12-million a year in energy costs.
The solar PV panels have been installed on expansive carport structures that provide both shade for shoppers and renewable energy for the centre.
In response to rising energy prices, Hyprop says it has intensified its focus on management and sustainable sourcing of energy.
