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  3. D-Marin produces 71% of its electricity consumption through a €1.7m investment in solar panel
D-Marin produces 71% of its electricity consumption through a €1.7m investment in solar panel

21 September 2023

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D-Marin, which operates 20 marinas in Greece, Turkey, the United Arab Emirates, Montenegro, Croatia, Italy, and Spain, is rolling out solar panels to increase its current investment in renewable sources with the aim of becoming energy self-sufficient.

The first phase of solar panels are already installed at Borik, Mandalina and Dalmacija marinas in Croatia, and works are ongoing at two of D-Marin’s Turkish marinas, Didim and Turgutreis. Combined, the solar panels produce 4.9GWh of energy per year – the equivalent annual energy consumption of 1,345 households – equating to 71% of the energy used by D-Marin across the five marinas, significantly reducing the company’s carbon footprint in the two regions.

Areti Priovolou, Health, Safety, and Environmental Officer at D-Marin, said: “Our ESG strategy is core to everything we do. This investment in solar power represents a notable milestone in our journey to constantly reduce our carbon footprint, marking the next step in our commitment to the Science Based Targets initiative (SBTi) pathway.

“We know that solar power stations will lead to a significant reduction in the amount of energy needed from non-renewable sources. This, in turn, will help us protect the stunning yachting destinations we call home while maintaining a premium marina service. We will be installing solar panels across all 20 D-Marin marinas as we work towards creating a self-sufficient marina network.”

The project is part of D-Marin's environmental, social and governance (ESG) strategy and vision to create sustainable marinas for present and future generations. The company is audited for ESG by Ecovadis, the global authority providing business sustainability ratings, which ranks D-Marin in the top 30% of leisure companies globally for environmental practices.

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