Climate & energy
Sparking solar for shopping centres
Oxford is committed to being a leader in the development and operation of energy efficient, low-carbon buildings. The economic and environmental benefits associated with solar power ‘sparked’ Oxford’s pledge to create 1 million SF of rooftop solar by 2024.
To date, we have built over 260,000 SF of solar across our portfolios. Our retail assets made significant strides this year.
Our first significant solar project at Yorkdale Shopping Centre (Toronto, Canada) features 600 rooftop solar panels, installed on 25,000 SF, generating over 234 MWh of clean electricity/year – equivalent to three months of interior and exterior lighting at the property. Les Galeries de la Capitale followed shortly after, installing 80,000 SF and generating over 590 MWh annually.
In 2020, Scarborough Town Centre (Scarborough, Canada) installed over 900 panels, on 54,000 SF, generating 374 MWh annually. More recently, Square One (Mississauga, Canada) installed a whopping 2250 solar panels atop 96,000 SF of rooftop and will generate 920 MWh of electricity per year.
Combined, our shopping centre’s rooftop solar systems generate over 1,500,000 kWh of clean electricity per year. That's enough to power 200 homes for 1 year. Not only does this save on electricity costs, it also positions our shopping centres for the future low-carbon economy.