Sustainability
Zero-Net Energy Buildings Market to Reach $78.8B by 2025
An increasing number of property owners around the world are turning to onsite renewable resources to fully support energy needs at their buildings, according to a new report by Grand View Research Inc.
DEA’s El Paso Intelligence Center Turns to Solar
The site will benefit from reduced electricity costs, long-term electric pricing stability and reduced carbon emissions of more than 3,400 metric tonnes annually.
Statoil Completes Work on 402MW Offshore Wind Farm in the UK
The facility generates sufficient clean energy to power more than 410,000 U.K. homes and was built in three years.
Chernobyl Goes Solar
A partnership between Rodina Energy Group Ltd. and Enerparc AG is working on a 1-megawatt solar facility, slated for completion by the end of the year.
Two Timber Buildings Break Ground in Brooklyn
Flank is building New York’s first timber buildings in more than one hundred years, following a new trend of mass timber office construction.
C-PACE Funding Granted to Houston Office Asset
The deal marks the eighth C-PACE loan that Petros has funded in Texas and its second in Houston. The funds will be used for energy upgrades to a Houston office building located at 1225 North Loop West.
JPMorgan Chase Commits $900K to Help Detroit Go Green
The money will target infrastructure projects, in addition to Chase branch updates for better energy efficiency. The Nature Conservancy, Eastside Community Network and Jefferson East community are some of the groups accessing the funds.
Reducing Energy Consumption in CRE: ULI Report
The Urban Land Institute’s Greenprint Center for Building Performance just released Volume 8 of the Greenprint Performance Report, which indicates that commercial building owners and managers are making significant progress in decreasing energy consumption, water usage and carbon emissions.
Hines JV Plans 270 KSF Timber Office Project in Chicago
The company has teamed up with Diversified Real Estate Capital and Big Bay Realty to build T3 Goose Island, the city’s first wood-structured office development since the 1800s.
Ohio Educational Facility Awarded by EPA
A year ago, Springfield High School & Junior High scored only 69 on the EPA’s scale of 1-100, disqualifying it from receiving an Energy Star Building Label. Since then, energy efficiency initiatives were implemented that increased the school’s score to 86, making it the only K-12 educational facility in the county to tout the distinction.