Genesis Property uses 100% renewable electricity for its portfolio

Green Forum21 June, 2024 at 11:00 AM

Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.

 

The developer's electricity consumption is covered by 1,080 photovoltaic panels installed on the roofs of all the buildings in YUNITY Park.

“Achieving Genesis Property's important goals of decarbonisation by 2040 and transforming the company's entire building portfolio to zero carbon buildings (ZEB) by 2030 requires, among other things, increased attention to the transition to clean energy. Thus, the use of only renewable energy for our buildings is a key step in this direction. At the same time, with this measure, we are also giving our tenants the support they need to meet their own environmental commitments,” says Ioan Bejan, ESG Director of Genesis Property.

Going forward, Genesis Property aims to achieve nZEB, BREEAM Outstanding and IMMUNE Resilient certification for all buildings in its portfolio by 2026 and ZEB certification for its entire portfolio by 2030. 

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