Planet's Largest Retailer Looks to Save Planet's Resources.
Goal: 100% Renewable Energy
By installing solar, Walmart has taken a major step toward its long-term goal of using only renewable energy for all its retail and distribution facilities. The first SolarCity Walmart project to come online was the Stockton, California store back in July 2010. Today, SolarCity has 190 Walmart solar projects installed or underway and three-quarters of Walmart’s California stores will offset between 5–30% of their power from the sun.
Partnering with SolarCity
When Walmart looks for solar partners, they look for companies with extensive project experience and the capability to deploy solar across multiple states. The ideal partner would be able to deliver the most cost-effective solution for a variety of building and application types, including roof-top, ground mount and carport installations. SolarCity’s full-service approach and flexible financing options made it a great choice for Walmart and together the two companies have installed over 65MW of solar capacity to date.
Affordable Clean Power
Walmart’s goal is to produce renewable solar energy at prices equal to or less than traditional energy rates, and at the same time, provide price certainty for a percentage of the stores’ load against the volatility of energy prices. The company’s bold solar initiative is contributing to the development of a growing solar economy, and creating hundreds of jobs in the process. “Walmart is setting a clear example that other companies can follow, and demonstrating that solar power can reduce pollution and lower operational costs at the same time” said Lyndon Rive, SolarCity’s CEO. “Considering Walmart’s scale, their goal to use 100% renewable energy creates jobs and helps make solar energy more accessible for other businesses and homeowners.”