BankingBusiness

HSBC: Data centre installs solar panels to cut 108,000kg of carbon

  • Solar panels recently installed at an HSBC data center in Hong Kong could cut carbon emissions by 108,000kg
  • Installed 750 panels on the rooftop of the facility in Tseung Kwan O
  • Designed, built, and operated by a Hong Kong company, the solar panels generate about 221,000kWh of electricity annually
  • The panels on the 2,300m2 rooftop area connected to the grid, enabling HSBC to generate revenue via a feed-in tariff
  • HSBC committed to using 100 percent renewable electricity by 2030
  • More than 220 solar panel grids generate 600 kilowatts of energy, optimizing energy costs
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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