Walmart has widened its renewable energy program in the Stockton region of California and it plans to do the same at as many as 30 stores elsewhere in the Golden State and Arizona, according to published reports.
Thus far, 31 Walmart sites presently use solar panels at stores in California and Hawaii.
"By leveraging our global scale to become a more efficient company, we are able to lower our expenses and help develop markets for new technologies," said Kim Saylors Laster, Walmart vice president of energy. "Developing and incorporating new renewable energy sources reduces energy price risk and aligns very well with our commitment to solving business challenges through technology."
SolarCity won the bidding process competition and will install solar panels at the stores where Walmart is planning on relying on solar energy, which will supply as much as 30 percent of what each location needs.
"Thanks in part to the economies of scale created by pioneers like Walmart, it’s now possible for many American businesses and homeowners to adopt solar power and pay less than they currently pay for electricity from polluting sources," SolarCity chief executive officer Lyndon Rive said.
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