30 Jul '12, 6pm

Wal-Mart Beating Ikea, Apple in U.S. Solar Panel Installations

Wal-Mart Beating Ikea, Apple in U.S. Solar Panel Installations

Wal-Mart’s San Diego store is the 100th to get solar panels in California, the company said Monday in a statement. The company currently has 62 megawatts of panels installed at U.S. locations, and also operates fuel cells and wind turbines at some sites. Wal-Mart, with 4,522 stores in the U.S., expects to have 1,000 solar-powered locations by 2020, Marty Gilbert, director of energy at the Bentonville, Arkansas-based company, said in an interview. The retailer gets about 4 percent of its power from renewable sources and plans to install another 100 solar systems by the end of 2012, demonstrating that renewable energy is economically viable to businesses. “We are trying to show folks that you can not only pursue these sustainability initiatives, they also make business sense,” he said. The company expects its use of renewable power to drive down prices, he said. “The more we...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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