Walmart (NYSE:WMT) Solar Development

Walmart and Costco deploy more Solar than the entire State of Florida

By
Monday, September 17th, 2012

Last week, I attended the Solar Power International Conference in Orlando.

As always, I was overwhelmed with an avalanche of data that continues to illustrate the rapid growth of the solar industry.

There are a few reports I picked up at the conference that I'll be sharing with you throughout the week.

The first comes from the folks at the Solar Energy Industries Association and the Vote Solar Initiative, and it highlights the top 20 commercial solar users in the US.

Check it out. . .

slrchrt

Some key findings of the report include:

  • The top 20 corporate solar users' installations generate an estimated $47.3 million worth of electricity each year. Together, US commercial solar installations have reduced business' utility bills by hundreds of millions of dollars annually.

  • The amount of solar installed by the top 20 solar-power companies could power more than 46,500 average American homes. Combined, US commercial installations could power more nearly 400,000 American homes.

  • More than 1.2 million solar PV panels were used for the top 20 corporate solar users' installations. Combined, these arrays would cover more than 544 acres of rooftops.

  • Walmart and Costco combined have more solar PV installed on their store rooftops than all of the PV capacity deployed in the state of Florida.

  • The top 10 companies (by capacity) have individually deployed more solar energy than most electric utilities in the US.


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Editor's Note: From solar and wind to geothermal and biofuels, Green Chip readers want to know which renewable energy resource will take over where fossil fuels leave off. The answer is...all of the above!

There is no one single solution to today's energy crisis. However, the combination of all viable renewable energy resources, coupled with energy efficiency, conservation and smart grid development will not only lead us to energy independence and a cleaner, more sustainable energy infrastructure — but also to what will soon prove to be the greatest investment opportunity of the 21st Century.