Wal-Mart Stores, Inc. (NYSE:WMT) and BP Solar today announced the installation of the first solar power system that Wal-Mart introduced in May 2007. The 623.7kW solar system is part of a major purchase of solar power from BP Solar and other solar power providers for approximately 22 Wal-Mart stores, Sam’s Clubs and distribution centers in Hawaii and California. The stores included in the pilot project are expected to achieve savings over their current utility rates immediately-as soon as the first day of operation. “We are very pleased with BP’s progress on the Santa Ana solar project and excited about this important step towards our goal of being supplied by 100 percent renewable energy,” said Kim Saylors-Laster, vice president of energy for Wal-Mart. “The pilot project is yet another example of Wal-Mart’s commitment to making decisions that are good for business and the environment.” BP Solar agrees. “The fact that Wal-Mart has decided to take a strong position in the use of alternative energies should send a clear message that the use of solar power is an application for the here and now. We anticipate that Wal-Mart will see reductions in their electric bills and help lower greenhouse gas emissions immediately following the completion of the installation,” said Geoff Slevin, vice president of sales and marketing for BP Solar. “By working together, companies like BP Solar and Wal-Mart help demonstrate the tangible benefits of solar energy that are available today.” Image source: bp.com. > Continue.
News selected by Covalence | Country: USA | Company: Wal-Mart, BP | Source: BP Solar
