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Raleigh, North Carolina Bank To Install 7,000 Solar Panels | Solar Energy USA Blog Archive

Raleigh, North Carolina Bank To Install 7,000 Solar Panels

Posted on Tuesday, December 20th, 2011 at 10:04 am by Solar Energy USA

first-citizens-bank-raleigh-north-carolina-solar-logoFirst Citizens Bank based out of Raleigh, North Carolina recently announced solar installation plans of a 1.7MW (megawatt) solar panel system atop their corporate data center in Raleigh. The rooftop solar array will consist of 7,000 solar panels which will generate 2 million kWh of solar electricity annually, covering about 20 percent of the facility’s energy costs.

“First Citizens is glad to help advance solar power use in North Carolina,” CEO Frank Holding Jr. said in a press release.

First Citizens Bank has 430 branches in 17 states. There has been no indication as to whether this is a one-time North Carolina solar installation or if the bank will install solar on other locations in the future.

The bank plans to sell their solar energy to Raleigh-based Progress Energy.