Expanding Onsite Solar Power Generation and Green Power Purchase in China

In China, the installation of rooftop solar panels at CapitaMall Taiyanggong, Beijing and Kunshan Bacheng Logistics Park, Kunshan was completed and a total of 150 MWh of renewable electricity is expected to be generated annually.

In 2023, CLI secured green power purchase agreements (PPAs) for the first time in China. Over 2,329 MWh of green energy purchased was utilised to power three properties: Ascendas Innovation Hub, Ascendas Innovation Towers and CapitaMall Xindicheng in Xi’an. As such, the renewable energy consumption for CLI’s properties in China increased to 0.41% in 2023.

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