Roofs of many Vukile's shopping centres, like this Maluti Crescent in Phuthaditjhaba, are covered in solar panels.The owner of Mdantsane City and Gumgulethu Square plans to build more solar farms to power its malls and reduce its reliance on Eskom's power by another 5% by the end of March 2023.
The loan will fund 19 solar energy projects and the group's other energy-efficiency initiatives across South Africa. Vukile already has installed 14.2 megawatt peak of solar PV power installed through 21 different projects in its properties. Those solar projects now provide 10% of the electricity used across Vukile's properties.