Solar Power World

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Deutsche Bank today announced the completion and operation of a 122.4 kW solar photovoltaic (PV) system at its Americas’ headquarters in New York, located at 60 Wall Street. The roof-mounted array will reduce the Bank’s electricity consumption from the grid and will decrease carbon emissions by 100 metric tons per year.

The building is a 50 story, 745 foot tall skyscraper, occupied solely by Deutsche Bank. The PV System, which is located on the inclined South and East portions of the roof is the largest solar PV array in Manhattan and is currently the highest elevated solar PV flat panel array in the world, topping off at 737 feet above the ground. The installation was designed by professional engineers and has been approved by local governmental authorities.

The 60 Wall Street initiative is the third solar project in North America completed by Deutsche Bank, including the two-phase installation of a 1.267 megawatt solar PV system at its Piscataway, N.J., office. Deutsche Bank’s Piscataway solar electric system completed in 2011, has delivered a net-zero electric building. A fourth project of a 1.5 megawatt system is underway at Deutsche Bank’s Parsippany, N.J. facility with planned completion later this year.

Demonstrating its commitment to sustainability, Deutsche Bank has increased its use of clean electricity from seven percent to 65 percent globally over the last four years. In the U.S. and Canada, 100% of its purchased electricity is generated from wind power. The Bank was recognized as a corporate pioneer and founder of the WindMade label, the first global consumer label that identifies products made with wind energy.