Deutsche Bank deploys 250-kw solar project

18 Dec 2009

1

Global investment banker Deutsche Bank has completed the installation of a 250-kilowatt solar photovoltaic (PV) system at its Piscataway, NJ, office, taking it a step closer towards carbon neutrality by 2012..

The roof-mounted array will offset a portion of the facility's electricity consumption and reduce its carbon emissions by 143 metric tons annually, equivalent to 16,232 gallons of gasoline.

The solar installation consists of 1,066 roof-mounted PV modules that will generate approximately 270,000 kWh per year at the 83,000-square-foot Piscataway facility.

The solar installation is capable of providing nearly 100 per cent of the facility's demand for power from the grid during peak daylight hours, and it will produce more than 12 per cent of the electricity needed to operate the facility annually.

An online energy monitoring system will track the facility's power consumption, solar production and system efficiency. The system was designed and installed by Vanguard Energy Partners, a New Jersey-based leader in the design and installation of large-scale solar electric systems.

The solar installation is part of Deutsche Bank's global commitment to be carbon neutral by 2012. As part of that program, the Bank has reduced its annual energy consumption by 19 million kWh in the Americas and 54 million kWh globally through a wide range of efficiency measures.

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