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Environment and Climate

Landlord-to-Tenant Electricity From 30,000 Roofs

In the reporting period, we achieved the target laid out in our 2019 “1,000 roofs” program of fitting at least 1,000 roofs in our portfolio with photovoltaic modules. This still is not enough, though, as Vonovia intends to focus much more heavily on solar energy in the future. Our new goal is to fit every suitable roof in our building portfolio with photovoltaic systems as part of our quest to achieve climate neutrality. That’s 30,000 roofs by 2050. By 2030 we want to have already achieved over half of our target with 17,000 roofs fitted, which will generate 194 million kWh of climate-friendly solar power and avoid 76,500 t of CO2 every year.

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Construction Minister of North Rhine-Westphalia, Ina Scharrenbach (pictured here with CEO Rolf Buch) visited the site and was impressed with how Vonovia’s plans for increasing the use of renewable energies are being implemented. The “1,000 roofs” program was completed in Bochum in the summer.

We will manage our “30,000 roofs” project ourselves, creating around 100 new jobs. While the energy generated from the “1,000 roofs” program is fed into the public grid for the most part, in the medium to long term Vonovia is seeking to decentralize the energy supply to its own neighborhoods and landlord-to-tenant electricity systems. The green energy generated through our “30,000 roofs” program will be used for landlord-to-tenant electricity in addition to heat generation and e-mobility. Tenants will benefit from this with cheaper electricity costs over the long term.

“Vonovia is taking action and is focusing on landlord-to-tenant electricity. Electricity generated on roofs and made directly available to tenants is setting new standards. It is an intelligent form of energy generation,” said Ina Scharrenbach regarding Vonovia’s plans to install PV systems on 30,000 roofs.

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