The first SolarCity Walmart project to come online was a store in Stockton, California in July 2010. Today, SolarCity has more than 200 Walmart solar projects installed or underway and three-quarters of Walmart’s California stores will offset between 5–30% of their power from the energy these systems produce.
When Walmart looks for solar partners, they look for companies with extensive project experience and the capability to deploy solar across multiple states. The ideal partner would be able to deliver the most cost-effective solution for a variety of building and application types, including rooftop, ground mount and carport installations. SolarCity’s full-service approach and flexible financing options made it a great choice for Walmart and together the two companies have installed over 65MW of solar capacity to date.
By installing solar systems, Walmart aims to produce energy at prices equal to or less than traditional energy rates, and at the same time, provide price certainty for a percentage of the stores’ load against the volatility of energy prices. “Walmart is setting a clear example that other companies can follow, and demonstrating that solar power can reduce pollution and lower operational costs at the same time” said Lyndon Rive, SolarCity’s CEO.