City officials broke ground Wednesday on a solar panel site that's expected to significantly reduce energy costs on the largest and most expensive project the city's ever undertaken.
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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.
The 1,316 solar panels at Weslaco's southern wastewater treatment plant gleamed in the heat June 27 — their second day on the job. When the panels were officially plugged in last week, the facility went from being an energy consumer to a self-supporting energy generator.
Underwriters from Bank of America Corp. (BAC) to Credit Suisse AG and Citigroup Inc. (C) for the first time are close to converting sunlight into cash to pay bond investors.
Maryland Gov. Martin O'Malley Attends Groundbreaking Ceremony for Largest Solar Power Array in State
Under a broiling sun, Maryland Gov. Martin O’Malley joined a groundbreaking ceremony Saturday for what will be the largest solar power array in the state — and one of the biggest on the East Coast — when it is completed later this year.