Under a solar power services agreement with Walmart, SunEdison will finance, own, build and operate the photovoltaic solar energy systems. Construction on the first 895kW rooftop system at Walmart Supercenter Caguas will begin before the end of 2009.
Each solar power-generating system installed may vary, but across the Puerto Rico sites, on average a system can provide 25 to 35 per cent of the power for the store or club on which it is installed. Throughout the duration of a 15 year contract, the zero-emission systems are projected to produce 90 million kilowatt hours (kWh) of electricity.
Renzo Casillo, president & CEO of Walmart Puerto Rico said, "Today, our new Walmart stores are 21 per cent more energy-efficient than our original 2005 stores. Through the implementation of energy-saving strategies and the installation of energy-efficient equipment, last year we achieved an 8.7 per cent reduction in energy consumption compared to the previous year."
SunEdison COO Carlos Domenech said, "The project also brings the solar industry to Puerto Rico with well-paying jobs for the island on top of the reduction of greenhouse gases to improve the environment."
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