Management Report

8. Solar energy projects

As part of sustainable and green building, substantial nvestments were made in the past few years in installing solar panels on the roofs of a number of buildings (12 in total) in Belgium.

This solar energy project launched by WDP in 2007 was completed in the course of 2009, and WDP consequently attained its intended objective: installing 10 MWp, which represents the annual consumption of 2.500 households, for a total investment of EUR 40 million.

For WDP, installing the solar panels is only the starting point for a comprehensive project in sustainable business. The cepic aims to be take a lead in the greening of the semi-industrial property sector. WDP aims, for instance, to continue its work to develop new, profitable sustainable projects in the field of electricity, heating, lighting, water consumption, insulation and related areas on its sites. This environmentally friendly policy of sustainable warehouses is targeted at reducing CO₂ emissions of the storage locations within the portfolio while significantly reducing lessees’ energy bills.

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