Walmart invests in “community solar gardens”

Walmart has invested in solar energy in an effort to reduce its energy bill and add to its “expanding renewable energy portfolio.”

The US retail giant has subscribed to 36 of renewable energy company US Solar’s “community solar gardens” located throughout Minnesota.

These community gardens, of which 13 are currently operating with the rest due for completion in the first half of next year, are centrally located solar photovoltaic systems that provide renewable electricity to its subscribers.

READ MORE: Ocado invests £17m in vertical farming

Businesses, public entities and residents are able to subscribe to these solar gardens, and do not need to have any solar panels on their own property, but will then receive a credit on their energy bill based on the amount of energy produced by their subscribed portion of the solar garden each month.

Each of the 36 community solar gardens will produce one-megawatt of energy and will partially power Walmart stores across 13 states.

“Solar is a vital component of Walmart’s expanding renewable energy portfolio,” Walmart’s vice president of energy Mark Vanderhelm said.

“Walmart plans to tirelessly pursue renewable energy projects that are right for our customers, our business and the environment. This community solar gardens initiative with US Solar is moving us in the right direction toward our renewable energy goals.”

Click here to sign up to Retail Gazette‘s free daily email newsletter

 

CompaniesIndustryNews

RELATED POSTS

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

Menu

SUBSCRIBE TO OUR NEWSLETTER

Sign up to our daily newsletter to get all the latest retail tech news and insights direct to your inbox.

  • This field is for validation purposes and should be left unchanged.