Green Chip Stocks

Walmart (NYSE:WMT) Solar Development

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

By Jeff Siegel   

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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Jeff Siegel on CNBC
Green Chip Stocks Editor Jeff Siegel, featured guest on CNBC's Green Week

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