
Four solar power systems have been commissioned on Maxbo buildings, with a combined annual production of more than one gigawatt-hour. For Løvenskiold, this marks a step toward closer integration of energy production and real estate development.
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Løvenskiold-Vækerø is a long-established group with roots dating back to 1649, and a leading player in forestry, agriculture, retail, and real estate. The group owns the building materials chain Maxbo and is also a long-term owner and developer of residential and commercial real estate.
Several buildings in Løvenskiold’s property portfolio house Maxbo warehouses and Maxbo’s central distribution center. These are the buildings where the solar power systems have now been installed.
“We have clear ambitions to ensure that as much of the energy used in our buildings as possible comes from renewable sources. Utilizing rooftop areas that would otherwise remain unused to produce local solar power delivers both climate benefits and more attractive buildings,” says Harald Løvenskiold, Head of Sustainability at Løvenskiold Eiendom.
The solar power systems on the Maxbo buildings generate electricity equivalent to the annual consumption of approximately 70 households. Most of the energy is used directly in the warehouses, while surplus power is fed into the grid.
“Covering our warehouse rooftops with solar panels is an important step in our long-term work on energy efficiency. The measure contributes to lower energy costs, reduced climate impact, and a more sustainable and future-oriented operation,” says Mette Hjulmand Erbs, Head of Sustainability at Maxbo.
The rollout has been implemented through a partnership model in which Sunday Power, in collaboration with the energy company NTE, develops and operates the solar power systems. This model enables both property owners and tenants to take part in the energy transition without impacting nature and with rapid climate benefits.
“For real estate owners, this means more attractive buildings, a more future-proof portfolio, and more satisfied tenants. Our role is to make this easy to implement in practice,” says Ole-Bjørn Horn, Client Executive at Sunday Power.
This article was translated using AI.
