Grosvenor Launches Solar Arrays at San Jose Assets
Project | Mar 04, 2025 | Grosvenor Group Ltd
Grosvenor Group Ltd., a leading North American property developer, has unveiled solar power arrays at its office properties in San Jose, California. The new installations at Orchard Trimble and 560 South Winchester are projected to generate nearly 2,899 MWh of energy annually, a move that aligns with the company's sustainability-targeted pathway. Grosvenor's initiative is part of a broader strategy to achieve net-zero carbon emissions by 2050, a goal supported by innovative AI-driven building management systems and a commitment across its portfolio. Notably, 87% of Grosvenor's North American holdings already have net-zero asset plans.
Sectors
- Real Estate
- Renewable Energy
- Sustainable Development
Geography
- United States – The solar projects are located in San Jose, California, part of the United States.
- North America – Grosvenor's properties and sustainability efforts are predominantly focused in North America.
Industry
- Real Estate – The development of properties, such as the office buildings in San Jose, falls under the Real Estate industry.
- Renewable Energy – The installation of solar arrays is a significant renewable energy initiative aimed at reducing carbon emissions.
- Sustainable Development – Grosvenor's focus on achieving net zero emissions and incorporating sustainable practices is part of the sustainable development sector.
Financials
- 42% – The emissions reduction target by 2030 as part of Grosvenor's Net Zero Pathway.
- 2,899 MWh – Estimated annual energy production of the new solar arrays.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Grosvenor Group Ltd. | Developer/Owner | Company | A North American property company working towards net zero carbon emissions. |
| Toshiba America Electronics Corporation, Inc. | Tenant | Company | Occupies the Orchard Trimble campus and supports sustainability initiatives. |
| Eric Nogueiro | Senior Asset Manager | Person | Senior Asset Manager at Grosvenor in San Francisco, overseeing the project. |
| Tanja Milosevic | Associate Vice President of Sustainability | Person | Focuses on sustainability initiatives at Grosvenor. |