Target Installs Solar on 180 Stores
Solar company Greenskies Renewable Energy has signed an agreement with Target to install solar arrays on the roofs of 180 Target stores and distribution centers that stretch across the United States from Augusta, Maine, to San Diego, California.
When completed, the installations will produce an aggregate total of about 100 MW.
Though the size of the solar array will vary at each of the retail locations, the average system will consist of 1,700 solar panels.
The Target retail outlets included in the agreement are located in 12 states, Arizona, California, Maryland, Maine, Michigan, New Hampshire, New York, Pennsylvania, Rhode Island, South Carolina, Texas and Wisconsin. The agreement also includes two Target distribution centers in New York state.
Greenskies intends to break ground on projects in Arizona, Maryland and New York this spring. All 180 projects are expected to be completed by the winter of 2016.
Under the power purchase agreement (PPA), Greenskies will design, develop, finance, own and maintain each of the 180 solar installations. Target has agreed to purchase 100 percent of the electricity produced at each of the sites at a fixed and discounted rate for the length of the contract. Each roof-top array will produce between 20 and 30 percent of the total electricity requirements of the retail outlet on which it is built.
Completion of the new agreement will increase the total number of solar arrays Greenskies has built on the roofs of Target retail outlets and distribution centers to 238 in 15 states. Those arrays will produce a combined total of more than 122 MW.
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