Power

The Giant Company agrees to acquire renewables from Constellation

The Giant Company

The Giant Company, the Pennsylvania-based grocery retailer, announced that it entered into a renewable energy supply agreement with Constellation, a green energy solutions provider.

Firstly, under the agreement, Constellation will procure renewable energy for The Giant Company. Specifically, around 155 million kilowatt-hours of energy per year. Also, it will receive Green-e Energy Certified RECs sourced from renewable facilities located throughout the U.S.

Moreover, supported by the agreement, The Giant Company will avoid more than 100,000 metric tons of Scope 2 carbon emissions associated with its energy use annually, the equivalent of taking nearly 24,000 cars off the road, according to U.S. EPA estimates.

In addition, the retailer will use a clean energy solution from Constellation that enables the development of large-scale offsite renewable energy projects by removing hurdles associated with traditional offsite power purchase agreements.

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The Giant Company betting more for renewables after agreement

About the matter, Nicholas Bertram, the retailer’s president, said. “This project is a significant step in further reducing our Scope 2 carbon emissions and achieving our overall sustainability goals. It reaffirms our commitment to being a sustainable grocer and responsible steward of the communities we serve, all while bringing jobs and economic benefit to the Commonwealth of Pennsylvania.”

On the other hand, Mark Huston, president of Constellation’s National Retail Business, commented. “We’re pleased to help The GIANT Company deliver on its carbon reduction goals while making a positive impact on the environment.”

Furthermore, this is not the first time The Giant Company bets for renewables; in fact, back in June 2020, the company completed a two-phase solar project at its Carlisle, Pa. corporate headquarters. It included a 625kw rooftop solar array and seven-acre pollinator-friendly solar field; enough to generate renewable power for the entire campus.

Finally, Constellation entered into separate long-term power purchase agreements to procure a total of 80 megawatts of renewable energy. Pine Gate Renewables will develop solar projects, entering commercial operations between June 2022 and January 2024.

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