EDP Renewables North America and Walmart have signed a 15-year power purchase agreement (PPA) for a portion of a 180MW solar project in Texas.
Under the PPA, Walmart will be an offtaker for 162MW, complementing its current corporate procurement from EDPR NA projects of 233MW of utility-scale solar and wind energy and 36MW of distributed solar.
This expansion builds on Walmart’s existing portfolio of 600+ on- and off-site renewable energy projects in service or under development in over 10 countries – with a goal to enable up to 10GW of new clean energy projects into service on- and off-site by 2030.
“This project with EDPR NA builds on our long-term collaboration and is well aligned with Walmart’s efforts to expand clean energy capacity and help our customers and communities save money and live better.
“By providing meaningful economic benefits to local communities, including new local jobs, this project will help build a stronger community, a stronger energy grid as well as contribute toward our operational clean energy goals,” said Frank Palladino, VP, Renewable Energy Strategy at Walmart.
“Walmart has shown immense leadership in driving local environmental stewardship and supporting the local economies of its employees’ and customers’ communities,” added Sandhya Ganapathy, EDP Renewables North America CEO.