C2 Energy Capital and Walmart have implemented 46 power purchase agreements (PPAs) and leases to supply solar power to the US retailer’s operations in five states. The agreement with C2 Energy reflects Walmart’s commitment to achieving its target of powering 50% of its operations with renewable energy by 2025. Walmart energy vice-president Mark Vanderhelm said: “Solar is a vital component of Walmart’s expanding renewable energy portfolio. “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 plans to tirelessly pursue renewable energy projects that are right for our customers, our business and the environment.” The solar installations that are part of the agreement have the capacity to generate more than 65,000,000kWh of renewable energy on an annual basis, which is sufficient energy to power around 5,500 homes. The installations are expected to supply nearly 10% to 60% of each stores’ overall electricity use. Last year, Walmart selected C2 Energy Capital to install 13 solar projects in South Carolina. C2 is also executing a ground-mount project at Walmart distribution centre in Laurens, South Carolina. Loading ... C2 co-founder and managing member Candice Michalowicz said: “Walmart is a seasoned expert at onsite solar generation, and they have high expectations for their vendor partners. “We are honoured to be a part of their renewable energy programme, and the important steps they are taking that will benefit the local communities and the environment.”
Walmart and solar developer C2 Energy Capital have signed 46 power purchase agreements (PPAs) and leases to boost the retailer's green energy usage in five US states. The agreements cover more than 65 million kWh of renewable energy generation per year, and are estimated to account for between 10% and 60% of the electricity use in the participating stores. The latest announcement, coupled with C2 Energy Capital installing 13 solar projects for the retailer in South Carolina last year, will help Walmart achieve its goal of powering its operations with 50% clean energy by 2025.