Energy Efficiency, Commercial, Wind - December 4, 2018
Lowe’s signs first RE agreement
Lowe’s has signed the company’s first renewable wind energy agreement. The deal calls for 100 megawatts of wind, which is enough to power all 143 Lowe’s stores in Texas.
A statement from Lowe’s called the agreement, signed with Clearway Energy, a significant milestone in the company’s efforts to reduce its carbon emissions footprint. Lowe’s set targets to reduce its store carbon emissions by 20% for 2020 – a goal it met four years early, in 2016. In addition to renewable energy work, Lowe’s has made significant investments in improving energy efficiency to meet its goal of reducing energy intensity by 2020. These investments include the following:
- Variable fan drives installed in more than 365 stores
- Building management systems in nearly 200 stores
- LED lighting retrofits in more than 130 stores
- High-efficiency HVAC rooftop units in 100 stores
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