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.
"We are firmly committed to being a leader in
sustainability and innovation," said Seth Waugh, CEO of
Deutsche Bank Americas. "This project is one part of a
comprehensive global program to reduce the Bank's
consumption of fossil fuels and shift to more renewable
sources of energy.Our goal is to neutralize the Bank's
global CO2 emissions by 2013."
Mayor Michael R. Bloomberg said, "New York City has the
most ambitious sustainability plan in the world in part
because we're working with private sector partners to
reduce our carbon emissions, rely on cleaner energy
sources, and meet the goals of our long-term sustainability
program, PlaNYC. Deutsche Bank's landmark achievement
builds upon our shared work to build a greener, greater New
York."
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, NJ, 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,
NJ 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 US 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.
For more information on Deutsche Bank's sustainability
activities please visit our dedicated website,
For further information, please call:
Deutsche Bank AG
Press &Media Relations
Mayura Hooper
Phone: + (212) 250-5536
mayura.hooper@db.com
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a
substantial private clients franchise. Its businesses are
mutually reinforcing. A leader in Germany and Europe, the
bank is continuously growing in North America, Asia and key
emerging markets. With more than 100,000 employees in 73
countries, Deutsche Bank offers unparalleled financial
services throughout the world. The bank competes to be the
leading global provider of financial solutions, creating
lasting value for its clients, shareholders, people and the
communities in which it operates.
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