Wal-Mart and Apple Make a Big Push Into Solar
Wal-Mart and Apple Make a Big Push Into Solar
October 27, 2013 | Comments (0)
One sign of the long-term viability of solar power is how quickly corporate America has been putting solar panels on unused rooftop space. A recent report from the Solar Energy Industries Association says that Wal-Mart (NYSE: WMT ) , Costco, Kohl's, and Apple (NASDAQ: AAPL ) are the top four companies installing solar in the U.S. and they're just getting started.
Wal-Mart led the list last year with 65 MW and if you need any evidence that solar saves money you don't need to go any further than that. Wal-Mart is no charity case and if power from the sun weren't saving the company money it wouldn't do it. Over the past year, another 24.4 MW was put up at Wal-Mart stores and distribution centers, which was second only to Apple.
Source: Solar Energy Industries Association
http://www.fool.com/investing/general/2013/10/27/wal-mart-and-apple-make-a-big-push-into-solar.aspx
Wal-Mart Now Draws More Solar Power Than 38 U.S. States
Solar power and keg stands have one thing in common: Wal-Mart wants to profit from them.
In the race for commercial solar power, Wal-Mart is killing it. The company now has almost twice as much capacity as second-place Costco. A better comparison: Wal-Mart is converting more sun into energy than 38 U.S. states.
http://www.bloomberg.com/news/2013-10-24/wal-mart-now-has-more-solar-than-38-u-s-states-drink-.html
When we find something that works -- like solar -- we go big with it, the companys website proclaims.