Commercial, Solar - October 30, 2019
Gap Inc. signs 20-year PPA with Calif. solar farm
Gap Inc. has signed a 20-year PPA with a 3 MW solar project that will provide approximately 50% of the electricity needs to its distribution center in Fresno, Calif.
The retail company has previously set a goal to reach 100% renewable energy across its global owned and operated facilities by 2030.
The new project in Fresco will be completed in partnership with SunPower and is expected to offset 4,539 metric tons of carbon dioxide annually. The system is owned by Goldman Sachs Renewable Power, from which Gap Inc. will purchase the electricity and retain the associated renewable energy credits.
"We're deeply committed to reducing our carbon footprint and our impact on the planet and communities where we do business," Keith White, EVP of Global Sustainability, Gap Foundation and Loss Prevention at Gap Inc., said in a statement. "The renewable energy generated by this SunPower solar project is a reliable, cost-effective way to address our sustainability commitments while also contributing to the health of the local community."