Upload
sunpower
View
7
Download
0
Tags:
Embed Size (px)
Citation preview
Dow Jones & Company’s parent company, News Corporation, created a vision for its companies to go carbon neutral and find solutions that protect the environment while advancing the business. Already a leader in news and business information worldwide, Dow Jones took up this challenge to also become a corporate leader in sustainability. After reviewing other renewable energy sources, solar power became the clear choice for Dow Jones’ 200-acre corporate campus. Consequently, Dow Jones turned to SunPower with its industry-leading, turnkey solar power solutions to bring this project online.
Together, SunPower and Dow Jones turned approximately 230,000 square feet of parking space as well as the top deck of a parking garage into electricity -producing assets. The 4.1 megawatt solar power system is expected to provide 15% of the electricity needed for the South Brunswick, NJ campus, and even before construction, it earned commendation from New Jersey Senator Robert Menendez, who called the system “one of the most outstanding examples of what America’s clean energy
future looks like.”
DOW JONES TEA MS WITH SUNPOWER TO BECOME A CORPORATE LEADER IN SOLAR POWER
PROJECT OVERV IEWLocation: South Brunswick, NJ
Completed: March 2011
Installation Type: Parking Canopy and Rooftop
System Size: 4.1 Megawatts
Number of Panels: 13,064
Product(s): SunPower T5 Solar Roof Tile, SunPower 315 Solar Panel
BENEF ITS
• Will produce 50% of Dow Jones’ needed electricity in peak conditions
• Will offset the production of 8.2 million lbs of carbon dioxide emissions each year, which is the equivalent of removing 730 passenger vehicles from the road (The environmental benefits associated with the system will be transferred to local utility company, PSE&G.)
• Maximizes the value of already developed land
• Hedges against rising utility costs
CASE STUDY
sunpowercorp.com
A POWERFUL COMMITMENT TO THE ENVIRONMENTDow Jones’ parent company, News Corporation, laid out a long term vision to
go carbon neutral along with other environmental goals. “We wanted to reduce
energy use and, as much as possible, find clean and renewable energy solutions
to meet the needs that we have,” Howard Hoffman, Vice President, Corporate
Affairs said. Recognizing solar power as a sustainable solution for both the
environment and its business, Dow Jones turned to a leader in high efficiency
solar power systems, SunPower. Working together, Dow Jones and SunPower
commissioned a 4.1 megawatt project at Dow Jones’ corporate campus in
South Brunswick, New Jersey.
SUSTAINABLE LEADERSHIPDesigned and installed by SunPower, the project was completed on-time and in
less than a year from the contract signing. SunPower 315 watt high-efficiency
modules on the parking canopy provide 3.6 megawatts of capacity, and the
installation on the top deck of the existing parking garage provides an
additional 521 kilowatts. At peak conditions, the solar system can achieve
up to 50% of the campus’ needed electrical power. Dow Jones’ plan for one
of the largest solar power installations at a single corporate site in the U.S.
even caught the attention of leaders in the U.S. Senate. Said New Jersey
Senator Frank Lautenberg prior to installation, “ I salute Dow Jones for its
leadership. The company is demonstrating that a clean energy future is both
possible and profitable.”
THE LONG AND SHORT OF FINANCIAL PAYBACKAccording to Hoffman, the benefits and the financial advantage made
going solar an easy decision. Financial incentives and a local solar loan
program from Public Service Electric & Gas (PSE&G) are already fueling an
attractive return on investment for Dow Jones. Furthermore, SunPower will
provide long-term maintenance and warranty support for the solar power system.
Keeping the system operating at peak efficiency, SunPower is ensuring that Dow
Jones will earn the highest possible return on its investment for years to come.
“SunPower is a leader in this industry with a
reputation for good work, and certainly our
experience has born this out.”
Howard HoffmanVice President, Corporate Affairs
Dow Jones & Company