Bloomberg's Princeton Office is Going Solar

Bloomberg's Curtis Ravenel walks the 8-acre site where construction of the 1.8-megawatt SunPower solar power system is underway.

 

Installed piles will support SunPower T0 Trackers, which position high efficiency solar panels to track the sun during the day, increasing energy capture by up to 25% over fixed-tilt solar systems.

Today, I'm happy to report that we are close to completing installation of a 1.8 megawatt solar power system that is expected to generate the equivalent of over 50% of the Skillman office's electricity. The Bloomberg facilities and sustainability teams have been working with SunPower Corp. and Integrys Energy Services to install this eight-acre, ground-mounted solar tracking system.

Here's how it works:

The system will use high-efficiency SunPower solar panels, the most efficient solar panels available on the market today, with the SunPower™ T0 Tracker system. The Tracker follows the sun’s movement during the day, increasing sunlight capture by up to 25 percent over conventional fixed-tilt systems, while significantly reducing land use requirements.

Bloomberg will buy the clean power generated from the system at prices below retail rates, providing a long-term hedge against rising power prices with no initial capital investment. The system will be owned by Solar Star NJ VI, LLC, a wholly-owned, indirect subsidiary of Integrys Energy Services, Inc. Solar Star will sell the solar renewable energy credits and environmental attributes associated with the system.

Curtis Ravenel, global head of sustainability at Bloomberg

Comments

[Prestiti]

Congratulations. Many major companies should take an initiative like this. This beautiful initiatives are to survive the world. I share it.

[Ted Olsen]

Re. Trish interview with Ms. Applebaum et al on the nature of capitalism's role among companies like that once headed by Governor Romney (Jan. 11, 2012):

If Bloomberg does not want an objective report expressing a view they find uncomfortable, why was Ms. Applebaum even invited on your channel? A clip from the former governor himself would have sufficed. Do we viewers chalk this unfortunate moment up to the new girl in the newsroom or is this Bloomberg TV's version of a Fox News' "Fair and Balanced" non-report?

Ted Olsen, Baytown TX