in News Departments > New & Noteworthy
print the content item

Walmart President and CEO Mike Duke has announced the company's next step on the path to achieving its goal of being supplied 100% by renewable energy.

Unveiled at Walmart's Global Sustainability Milestone Meeting, the company's plan includes two major commitments to achieve by Dec. 31, 2020: driving the production or procurement of 7 GWh of renewable energy globally every year, a 600% increase over 2010 levels; and reducing the kilowatt-hour/square foot energy intensity required to power Walmart's buildings globally by 20% compared to 2010 levels.

Based on external estimates of projected energy costs and other factors, Walmart says the two new commitments will generate more than $1 billion annually in energy savings once fully implemented.

"When I look at the future, energy costs may grow as much as twice as fast as our anticipated store and club growth," Duke said. "Finding cleaner and more affordable energy is important to our everyday low-cost business model, and that makes it important to our customers' pocketbooks. Our leadership in this area is something our customers can feel good about because the result is a cleaner environment. And savings we can pass on to them."

Walmart recently spoke with NAW about the retailer’s wind energy plans. Click here to read more.


Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?


GE Blade Crashes At Mehoopany Wind Farm In Pennsylvania

The turbine manufacturer says the Nov. 2 incident is "isolated and unrelated" when compared to earlier blade issues.

Hybrid Energy Innovations 2015
Renewable NRG_id1934
BG 2015DblBox_id2032