May 29, 2014: Walmart Commits to Doubling On-site Solar in the US by 2020
Walmart Has Made Significant Progress toward Its Goal to be Supplied by 100 Percent Renewable Energy
MOUNTAIN VIEW, Calif. — Walmart has announced that it will double the number of on-site solar energy projects at its United States stores, Sam’s Clubs, and distribution centers by 2020. The commitment is part of Walmart’s global initiative to produce or procure 7 billion kWh of renewable energy by the end of 2020.
Over the last few years Walmart said it has made significant progress toward its goal to be supplied by 100 percent renewable energy. With this commitment, Walmart is doubling its solar projects in the United States and Puerto Rico over the next six years, compared to a 2013 baseline.
Bill Simon, president and CEO of Walmart U.S., said, “We know from experience that investing in energy innovation allows us to save money, reduce carbon pollution, and create jobs. Every day, millions of Americans depend on us to watch every penny so that we can provide the best prices on products they love. Our customers can feel good that we’re watching out for both their wallets and their children’s future.”
Walmart is the No. 1 commercial solar energy user according to the Solar Energy Industry Association and is recognized as the largest on-site renewable energy user in America by the EPA’s Green Power Partnership.
Walmart also signed on to the U.S. Department of Energy’s (DOE’s) Better Buildings Initiative, reinforcing the company’s commitment to reduce the energy intensity of its buildings by 20 percent by 2020, compared to a 2010 baseline.
In total, Walmart’s 2020 commitments to scale renewables and accelerate energy efficiency globally could save the company as much as $1 billion a year in energy costs.
For more information, visit http://corporate.walmart.com.
Publication date: 5/26/2014