Walmart Contracts Power From Community Solar Projects

Walmart Enters Agreement With US Solar Corporation For Solar Power Supply From 36 MW Offsite Community Solar Gardens For Company’s Minnesota Operations
06:01 PM (Beijing Time) - 12. June 2019
Picture1

US Solar Corporation works on community and offsite solar solutions. For its 36 community solar gardens in the state of Minnesota, it has secured power purchase contracts with Walmart. (Photo Credit: United States Solar Corporation)

Key Takeaways

  • In an agreement with the US Solar Corporation, Walmart will procure solar power from 36 community solar gardens in the state of Minnesota
  • All the projects with 1 MW capacity each will provide solar power to Walmart locations in 13 separate counties
  • Some of the gardens in the 36 MW portfolio are already constructed while the remaining will be energized by first half of 2020

Walmart Inc. has signed up for more solar power for its United States located stores, this time through community solar projects. It has reached an agreement with the community and offsite solar solutions company US Solar Corporation for the latter’s 36 community solar gardens in Minnesota.

These offsite solar gardens with 1 MW capacity each, will generate clean solar power for Walmart locations in 13 separate counties. Construction of the first solar gardens is complete, all are expected to be energized by H1/2020.

The amount of energy produced by the subscribed portion of the solar gardens will decide about the energy savings that will be accrued in the form of bill credits on retail electricity.

Walmart will receive bill credits based on Minnesota’s Value of Solar methodology which it takes into account the value of solar energy delivered to the utility by the community solar gardens as well as other grid and environmental benefits.

This green power supply contract is part of the hypermarket retail chain’s effort to reach 50% of its electricity supply from renewables by 2025. By the end of 2020, it plans to add more than 120 new installations to its on-site solar installations. In May 2019, it entered into 46 solar power purchase agreements and leases with C2 Energy Capital to power its operations in 5 US states (see Walmart Signs 46 Lease & PPA For Solar Power In US).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

Write, follow the author.
Email

Anu Bhambhani