Hang Lung's world-class commercial complex in Kunming, Spring City 66 is now 100% powered by renewable energy. It is not only the first of the Company’s developments to achieve net zero carbon emissions for both landlord and tenant annual electricity consumption, but is also the first commercial development in Yunnan Province with such an accomplishment.
Notable renewable energy achievements at Spring City 66:
- Provision of approximately 57,800MWh of electricity per year from solar, wind and hydro renewable sources
- Reduction of the property’s carbon emissions by approximately 46,471 tons per year
- Boosts Hang Lung's usage of renewable electricity at its Mainland developments to over 14%
The unique geographical location of the project is a key to setting this sustainability milestone. Yunnan is rich in renewable energy resources and ranked second in mainland China for green energy supply*. The well-developed wind power stations in Kunming create a positive environment for the project’s procurement of renewable energy.
The project, together with its other compelling green features like the energy-efficient elevator system, the modified central air conditioning system, the building management system and installation of Low-E glass, is a role model for the Company to map its sustainability journey. Under the direction set in the 25x25 Sustainability Targets, Hang Lung will continue to strive for carbon reduction.
＊Source: China Energy Statistical Yearbook 2020