Swiss Re Breaks Ground on New York Solar Power Installation

November 1, 2016

Global reinsurer Swiss Re has broken ground on the largest solar power installation in Westchester County, New York.

When completed in late spring 2017, the solar plant will occupy 10 acres of space in the Southeast corner of Swiss Re’s U.S. headquarters campus in Armonk, New York.

More than 7,700 individual solar panels will provide 2 megawatts of power generation, making it the largest installation of its type permitted in the state of New York. The plant is expected to generate an average of 60 percent of the power required by the 700 employees that work on-site at Swiss Re’s campus.

“Globally, Swiss Re sources 85 percent of the energy it uses from renewable sources,” said Rolf Krummenacher, head of corporate real estate and logistics for Swiss Re, in a company press release. “Added to our ongoing work to reduce overall energy consumption per employee, this solar facility in Armonk will help us reach our goal of 100 percent renewable energy sources by 2020.”

Swiss Re is a founding member of the RE100 initiative, a global initiative of influential businesses committed to utilizing 100 percent renewable energy sources by 2020. The construction of the solar power plant in Armonk is one of the biggest efforts that Swiss Re will be making globally to meet that commitment, according to the release.

Source: Swiss Re

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