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Walmart Agrees to Power More Than 40 Stores With Solar Energy

  • Retail giant signs 46 power agreements with C2 Energy Capital
  • The projects will produce more than 65 gigawatt hours annually
Inside A Wal-Mart Stores Inc. Location Ahead Of Black Friday
Photographer: Patrick T. Fallon/Bloomberg

Walmart Inc. reached a deal to power more than 40 stores in five states with solar energy as it works toward a goal of getting half its electricity from renewables by 2025.

The retail giant signed 46 power-purchase agreements and leases with C2 Energy Capital LLC, the New York-based solar company said in a statement Wednesday. The projects supplying the power will produce more than 65 gigawatt hours annually, enough to furnish as much as 60% of each store’s electricity.