Walmart has agreed to power more than 40 of its stores with solar energy
The U.S. retail giant will be supplying solar power to its operations in five states through 46 power purchase agreements (PPAs) and leases executed by renewables investor C2 Energy Capital LLC.
Why this Matters
The solar installations will produce more than 65,000,000 kWh (65-gigawatt hours) of renewable energy annually, enough energy to power nearly 5,500 homes, and are expected to supply approximately 10-60 percent of each stores’ overall electricity use.
The 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.