Commercial, Solar, Sourcing Renewables - May 8, 2019
Walmart signs 46 solar PPAs across 5 states
Walmart Inc. has executed 46 PPAs to provide solar power at its operations in five states. These solar installations will produce more than 65,000,000 kWh of renewable energy annually and are expected to supply approximately 10-60 percent of each stores' overall electricity use.
These agreements represent a tangible commitment by Walmart to achieve the retailer's goal to have 50 percent of its operations powered by renewable energy by 2025, according to a statement from C2 Energy Capital, LLC, Walmart’s partner in these PPAs.
"Solar is a vital component of Walmart's expanding renewable energy portfolio," said Mark Vanderhelm, vice president of energy for Walmart Inc. "Walmart plans to tirelessly pursue renewable energy projects that are right for our customers, our business and the environment. These planned projects with C2 Energy Capital are moving us in the right direction toward our renewable energy goals."
Walmart has already partnered with C2 Energy Capital to install 13 solar projects in South Carolina, some of the first projects to take advantage of solar incentives in the state. The rooftop projects are all currently in operation, with the exception of a ground-mount project that is underway at a Walmart distribution center in Laurens, SC.
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