Times Square is getting its first 'green' billboard

This winter, New Year's Eve revelers will have a close-up view of Times Square's first environmentally friendly billboard powered entirely by wind and sun.

But the billboard might not be quite as dazzling as some of its high-powered neighbors along the Great White Way.

Construction on the 35,000-pound sign advertising Ricoh Americas Corp. is to begin this month across the avenue from the building where the ball drops on New Year's Eve.

Powered by 16 wind turbines and 64 solar panels, the sign is expected to save $12,000 to $15,000 per month in electricity costs.

Ricoh, an office equipment and document storage supplier, estimates the sign will also keep 18 tons of carbon out of the environment.