Jun 22 2010
Dow Jones & Company and SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced that SunPower has been selected to install a high-efficiency solar power system totaling 4.1 megawatts at Dow Jones' corporate offices in central New Jersey.
The system will include 3.6 megawatts of elevated solar panels above parking areas and a 522-kilowatt rooftop installation. When completed early next year, the system will be one of the nation's largest solar power installations operating at a corporate site, and is expected to generate the equivalent of 15 percent of current electricity needs for Dow Jones' South Brunswick campus.
"Renewable energy is part of a sustainable business plan for Dow Jones," said Dean DelVecchio, the company's chief information officer and chief administrative officer. "With solar energy, Dow Jones is helping the environment and its business at the same time."
The system will include 3.6 megawatts of elevated solar panels above parking areas and a 522-kilowatt rooftop installation.
A publisher of news and business information around the globe, Dow Jones maintains a 200-acre campus on U.S. Route 1 in South Brunswick, N.J. Nearly 2,000 people work at the facility, Dow Jones's largest.
At the site, SunPower is installing SunPower T5 Solar Roof Tile, the solar industry's first non-penetrating rooftop product that combines a high-efficiency SunPower solar panel, frame and mounting system into a single pre-engineered unit. Tilted at a five-degree angle, the T5 Roof Tile system approximately doubles the energy generated per square meter compared with other systems that are mounted flat onto commercial rooftops.
"This solar system is one of many initiatives at Dow Jones intended to reduce waste, protect the environment and trim expenses. We will continue to seek smart solutions for the future of our business," said Andy Schwartzberg, vice president for general administrative services at Dow Jones.
The system is being partially financed through PSE&G's Solar Loan Program, through which PSE&G offers loans for solar power.
"SunPower offered turnkey design and installation services and high-efficiency solar technology to optimize the power generated by the system and the savings that Dow Jones will achieve on their electricity costs," said Tom Leyden, managing director at SunPower. "We applaud their leadership in taking advantage of PSE&G's Solar Loan Program. Clean, reliable solar power makes good sense today for businesses and our environment."
Source: http://www.sunpowercorp.com/