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Chappaqua's Bill Clinton Helps Swiss Re Unveil Solar Plant In Armonk

President Bill Clinton speaks at the unveiling of Swiss Re's new solar plant in Armonk.
President Bill Clinton speaks at the unveiling of Swiss Re's new solar plant in Armonk. Photo Credit: Contributed

WESTCHESTER COUNTY, N.Y. -- Swiss Re's brand-new solar power plant in Armonk got a presidential seal.

Former President Bill Clinton of Chappaqua, along with President and CEO Eric Smith, flipped the switch on the two-megawatt facility June 15. The installation is the largest in Westchester and one of the largest in New York.

The installation is comprised of more than 7,700 individual solar panels and will produce, on average, 60 percent of the daily power required by the 700 employees that work at the Swiss Re campus in Armonk. The $7 million facility is expected to generate energy cost savings that will pay back the installation’s cost within seven years.

"I have spent a lot of the last ten years trying to promote economically responsible ideas to tackle climate change so we can leave an inhabitable planet for our grand- children and generations to come," Clinton said. "That’s why the Clinton Foundation works with people and partners like Swiss Re who embrace our shared responsibility. They are committed to addressing the issue in a way that works for the company, their employees, and the economy as a whole.”

The construction of the solar power plant in Armonk is one of the efforts the company is making to meet its global commitment of 100 percent green electricity by 2020. Similar solar energy plants are currently operating at locations in Europe.

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