Swiss Re's solar power plant in Armonk is among the largest in New York state, and similar solar energy plants are located in Switzerland, Italy, and the U.K. (Photo: Swiss Re)

Swiss Re opened its brand-new solar power plant on the grounds of its Americas Headquarters in Armonk, N.Y. on June 15. In a ceremony held at the 10-acre installation, Eric Smith, president and CEO of Swiss Re Americas, joined by former President Bill Clinton, flipped the switch on the two-megawatt facility, the largest such installation in Westchester County and among the largest in New York state.

The installation is made up of more than 7,700 individual solar panels and will produce, on average, 60% of the daily power required by the 700 employees that work at the Swiss Re campus in Armonk. The $7 million facility is expected to generate energy cost savings that will pay back the installation’s cost within seven years.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.