Hertz Launches Phase Two Of Solar Energy Program

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The Hertz Corporation HTZ +1.67% announced the upcoming construction of two new solar installation sites this year as the initial launch of Phase Two of the company's solar energy program: Newark International Airport and John F. Kennedy International Airport. Combined, the new locations will generate more than 800,000 kilowatt hours of renewable energy and save 641 tons (581 metric tons) of carbon emissions annually.

"Expanding our solar facilities is part of Hertz's ongoing commitment to sustainable business practices," said Mark P. Frissora, Hertz Chairman and CEO. "We have taken a number of steps over the past year to fulfill our goal of leading the travel industry in renewable energy production and utilizing energy best practices across our operations. With this latest expansion, Hertz will increase its renewable energy generation while continuing to reduce costs companywide."

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