Another rooftop solar installation by Greenskies.
Lowe’s selected Greenskies Clean Focus to provide a customized, structured solution for its large-scale, onsite solar energy deployment across a substantial portion of Lowe’s California operations. Under the partnership, Greenskies Clean Focus will design, construct, finance, own and operate rooftop solar energy systems on 52 retail stores and two distribution centers in California. The initial production for the combined 48 MW portfolio is projected at 76,000 MWh per year, providing 90% of the energy usage at each location.
“Greenskies is proud to support Lowe’s sustainability commitment to 50% renewable energy by 2025,” said Stanley Chin president and CEO of Greenskies Clean Focus. “These projects exemplify how large, multi-site organizations can deploy customized renewable energy solutions at scale to reduce greenhouse gas emissions and decarbonize operations.”
Greenskies will provide Lowe’s with renewable solar energy under 20-year, fixed-price power purchase agreements. The solar energy will cost less than prevailing utility rates and include environmental attributes, enabling Lowe’s to realize significant energy savings, reduce greenhouse gas emissions and decarbonize its operations.
News item from Greenskies Clean Focus
