Walmart announced today it is generating more than 500 megawatts (MW) of wind energy in three states.
In fact, these activities are part of the Company’s commitment to powering 50% of its operations with renewable energy by 2025. Furthermore, Walmart aims to power its operations with 100% clean energy by 2035.
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Walmart on partnering with ENGIE to achieve its clean energy goals
Today, Walmart announced it is generating more than 500MW of wind energy in three states. Indeed, these activities are part of the Company’s commitments to achieve sustainability.
For instance, by powering 50% of its operations with renewable energy by 2025. Furthermore, Walmart aims to power its operations with clean energy by 2035.
Therefore, the Company is collaborating with renewable energy services company Engie North America. Mainly to supply wind-based energy annually to hundreds of stores, warehouse clubs, and distribution centers across three U.S. states: Texas, South Dakota, and Oklahoma.
“Securing innovative, scaled energy transactions is another solid step toward our goal of being powered by 100% renewable energy by 2035. Also, of achieving zero emissions across our operations by 2040;” said Mark Vanderhelm, VP of energy and facilities management, Walmart, in a corporate blog post. Thus, “with a mixture of infrastructure and innovation, we can set an example for what one company can do to move toward a cleaner future.”
The retailer’s path on achieving sustainability
Accordingly, the Engie North America partnership allows Walmart to purchase offsite power from three separate wind farms. Thus, these facilities can help the Company avoid as much as 1.3 million metric tons CO2 of GHGs per year.
For Walmart, this amount of energy is enough renewable electricity to power more than 240,000 average American homes for a year. Moreover, and according to the American Clean Power Association; as a result of these transactions, the Company procured more wind energy than any othercompany in the U.S. in 2019.
Furthermore, the three projects supplied 1,000 construction jobs at their peak. Besides, they will be able to deliver more than $400 million in landowner lease payments. Also, in taxes, wages, and commitments over the project’s life.
In fact, in 2020, renewable sources supplied an estimated 36% of Walmart’s electricity needs globally. Accordingly, the retailer’s actions to date have helped to bring more than three gigawatts of new renewable energy capacity to power grids.