Hang Lung Properties transitions mainland Chinese commercial portfolio to renewable power
Property developer Hang Lung Properties secured contracts to supply 100 percent renewable energy across its commercial portfolio in mainland China
Hang Lung Properties, a major developer in China, has announced its plan to transition its entire commercial portfolio in the mainland to renewable power sources, achieving 100% renewable electricity coverage across all 11 properties in nine cities by October 1, 2026. This milestone, which began in 2021 with the Spring City 66 project in Kunming, is significant as it sets a market-leading example in renewable electricity adoption across multiple Chinese markets.
By procuring renewable electricity from wind and solar generation sources, Hang Lung aims to avoid an estimated 227,513 tonnes of greenhouse gas emissions, supporting China's dual carbon goals and helping tenants advance their own sustainability commitments.
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