Woolworths has announced a significant boost in its renewable energy initiatives, committing over R17.5 million to key projects nationwide. This investment includes R10.5 million allocated for various solar installations and an R7.3 million annual renewable energy agreement.
Notably, the company is expanding solar capacity at its Cape Town head office. This triples the output of its initial 2013 pilot project to 465 kilowatts. The extended system will meet approximately 11% of the energy needs for the retailer’s head office. This includes critical, round-the-clock national data centre.
Woolworths also collaborates with shopping centers like Phalaborwa Mall in Limpopo and Greenacres Shopping Centre. This is to install solar systems that greatly reduce stored energy consumption.
The Phalaborwa Mall installation, for instance, will generate 30% of the store’s energy needs. These efforts are part of Woolworths’ broader goal to transition entirely to renewable energy by 2030.
Woolworths is dedicated to its sustainability goals, even with challenges like securing roof space from landlords. Over the past 15 years, the company has already reduced its stores’ energy intensity by two-thirds through smart technology and energy efficiency measures.
According to Feroz Koor, Woolworths Group Head of Sustainability, these investments not only support environmental goals but also strengthen the company’s resilience. The new installations at stores and head offices are expected to pay for themselves within 4-5 years.
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