Greenskies Clean Focus to mount 48-MW solar portfolio for home improvement titan
- Lowe's selected Greenskies Clean Focus to provide a tailored, structured solution for its large-scale, onsite solar energy deployment across a substantial section of Lowe's California operations.
Under the collaboration, Greenskies Clean Focus will make, construct, finance, own and also operate rooftop solar energy systems on 52 retail stores and two distribution centers in California. The initial manufacturing for the combined 48 MW portfolio is projected at 76,000 MWh per year, providing 90% of the energy use at each location.
" Greenskies is proud to support Lowe's sustainability commitment to 50% renewable energy by 2025," claimed Stanley Chin president as well as chief executive officer of Greenskies Clean Focus. "These projects exemplify how huge, multi-site companies can deploy tailored renewable resource solutions at scale to reduce greenhouse gas emissions and decarbonize operations."
Greenskies will certainly provide Lowe's with renewable solar energy under 20-year, fixed-price power acquisition agreements. The solar energy will certainly set you back less than prevailing utility rates and also consist of ecological qualities, making it possible for Lowe's to understand substantial energy cost savings, reduce greenhouse gas emissions and also decarbonize its operations.