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Pilot Photovoltaic systems in Piraeus Bank buildings
Pilot Photovoltaic systems in Piraeus Bank buildings
Published 05-04-10
Submitted by Piraeus Bank
Piraeus Bank has been managing its operational environmental impacts, through the European co-funded project GREENbanking4Life.
Within this framework, the Bank developed energy-saving programmes and implemented pilot installations of photovoltaic systems in 4 buildings, with a total capacity of 45KW. The Bank's demands in electricity are partially covered with "clean energy" that is produced by these photovoltaic systems, thus avoiding the emission of 56 tonnes of carbon dioxide (CO2) per year, an amount that requires annually 4,200 trees for its absorption. These four stations can produce annually about 54,000KWh and it is estimated that over the next 25 years they will have avoided the emission of 1,215,000kg of CO2.
Piraeus Bank
Piraeus Bank
Piraeus Bank Group is one of the most dynamic and active financial organisations in Greece today. Founded in 1916, Piraeus Bank went through a period of state-ownership and management (1975-1991) before it was privatised in December 1991. Today, Piraeus Bank leads a group of companies covering all financial and banking activities in the Greek market (universal bank). Piraeus Bank possesses particular know-how in the areas of retail banking, small and medium-sized enterprises (SMEs), capital markets and investment banking, leasing and financing of the shipping sector. Piraeus Bank Group has a growing international presence, focused in Southeastern Europe and Eastern Mediterranean, but also in the financial centres of London and New York. Main strategic targets of Piraeus Bank Group are: further enhancing market shares in Greece and abroad wherever it operates, improving service quality and customer satisfaction, creating innovative products, further enhancing the Group's position in retail banking and small and medium-sized enterprises financing, strengthening the Group in the areas of asset management and bancassurance and, finally, strengthening profitability with a view of constantly increasing shareholder value.
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