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BENTONVILLE — Wal-Mart Stores Inc. says it has invested in a wind energy farm in Texas that will generate enough power to light 15 percent of its Texas operations.
The world's largest retailer said Thursday the Duke Energy farm is being built in Notrees, Texas, and is to start production in April. The retailer will purchase electricity directly from Duke's Notrees Windpower Project, Duke Energy Corp. said.
The Bentonville, Ark.-based company has 360 stores and other facilities in Texas.
Wal-Mart says it will pay traditional rates for the electricity, but doing so will decrease greenhouse gas emissions and will help the company reach its goal of using only renewable energy sources.
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{"commentId":4138622,"authorDomain":"mnchrysler"}
Yeah for Wal-Mart. I liked that Whole Foods Markets invested in solar roofs on many of their stores - going green for themselves. This takes it to a new level, big buisness investing in green they can use themselves AND be used by other people. This is a great way to drive expansion of alternative energy sources... investments by buisnesses that use the energy. Residential solar/wind is still only marginally practical at current price levels (depending on geography and the cost of existing utilities of course), but industrial solar/wind has a much shorter payback and utility scale solar/wind can actually be profitable. Now if more businesses will follow suit...
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#1 - Thu Nov 20, 2008 11:13 AM EST{"canLink":false,"threadId":"424086","isPrivate":false}
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