Hertz Launches Solar Energy Program
Hertz Leads the Industry in Solar Energy -- Further Expansion in 2011
The Hertz Corporation (NYSE: HTZ) announced it is installing over 2.3 MW of solar PV systems at sixteen locations across the U.S. in the first phase of the company's solar initiative.
"Hertz is committed to reducing costs and to sustainable business practices. Investing in solar energy for these facilities makes good business sense," said Mark Frissora, Hertz Chairman and CEO. "We will now look to additional facilities in the US and internationally to further this important program. Once again, Hertz is leading the industry in our commitment to innovation."
Hertz has already completed construction of a 235 kW solar electric system located at Denver International Airport. This system is expected to produce 342,766 kWh of AC output and will offset approximately 650,000 pounds of CO2 annually.
By Q3 2011, Hertz will complete construction of fifteen additional facilities across the United States to further reduce its energy costs and offset Hertz's carbon footprint. Hertz is installing solar systems in facilities in Arizona, California, Colorado, Georgia, Maryland, Massachusetts, New Jersey, New York, and Pennsylvania.
"Hertz leads the industry in sustainable practices," said Richard Broome, Senior Vice President of Hertz. "From our commitment to electric vehicles and other low emission vehicles to our implementation of reduced water usage and now our solar program, we are at the forefront of integrating sound environmental practices with pro-consumer service, efficiency and growth strategies."
