SolarCity finalises two solar arrays at Walmart stores in Texas
Solar panels in California. Author: Walmart Corp. License: Creative Commons. Attribution 2.0 Generic
SolarCity Corp (NASDAQ:SCTY) said Wednesday it has completed two commercial solar systems totalling 644 kW at the rooftops of Walmart stores in El Paso, Texas.
These new solar arrays are expected to produce enough power to supply about 950 average homes annually during a 10-year period. At the same time, the systems will also offset the emission of more than 13 million pounds of carbon dioxide (CO2).
The installation was completed at no upfront cost for Walmart, which will pay only for the renewable electricity generated at the two sites through an off-take contract. The US solar firm will manage the systems comprised of more than 2,100 panels.
SolarCity and Walmart's alliance has realised more than 200 solar projects at locations owned by the retail company since 2010. These are the first full size rooftop solar installations at Walmart stores in the state, SolarCity added.