The project represents a continued commitment to utilise roof space for solar generation in The Home Depot’s renewable energy programme, contributing to the company’s goal to produce or procure 100 percent renewable energy by 2030 equivalent to the electricity needs for all its facilities.
The portfolio will begin construction in early 2023, and upon completion is expected to generate more than 17 million kilowatt-hours (kWh) of clean energy annually that directly power The Home Depot’s store locations within the portfolio, the equivalent of removing 2,648 gasoline-powered cars from the road each year.
“Our teams have worked hand-in-hand to design solar solutions to optimally power the portfolio of 25 stores in California and effectively reduce demand on the grid” said Jason Chiang, Senior Director of Direct Origination at DSD. “We are excited to deploy our industry-leading capabilities across this significant new portfolio and play a role in helping The Home Depot achieve its sustainability goals.”
The new portfolio is expected to generate more than 17 million kilowatt-hours (kWh) of clean energy annually, which directly power The Home Depot’s store locations.
“Reducing The Home Depot’s environmental impact is essential to our efforts to build a better business, workplace and world” added Ron Jarvis, Vice President and Chief Sustainability Officer for The Home Depot. “Harnessing power from the sun is essential to our renewable electricity aims, and we’re happy to work with DSD as we expand our solar program and continue to invest in alternative energy solutions.”
DSD is continuing to work on projects with The Home Depot to broaden its solar energy usage in New Jersey, Connecticut, Maryland and Massachusetts, with additional projects planned in Arizona, California, Illinois and New York.
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