IRHM, Your Global Window into Real Estate and Hospitality

October 21, 2025

Renewable Energy

ACWA Power has secured $3.4 billion in financing to develop two major gas-fired power plants in Saudi Arabia, adding 3.6 GW to the grid as electricity demand grows.
Aira has raised €150 million from existing investors to expand its clean energy-tech operations, aiming to replace millions of gas boilers across Europe with air source heat pumps and accelerate the continent’s shift away from fossil fuels.
Boschendal has become the first wine estate globally to earn Green Key certification for its accommodation, recognising its environmental stewardship, ethical practices, and community support. Initiatives include renewable energy use, biodiversity conservation, and regenerative agriculture, setting a benchmark for sustainable heritage tourism.
Radisson Hotel Group has introduced its first two Verified Net Zero hotels in Manchester and Oslo, marking a major step in sustainable hospitality. Both properties operate on renewable energy and have achieved independent certification.

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