By Business Wirevia The Motley Fool
Filed under: Investing
Walgreens Extends its Renewable Energy Commitment to 22 Stores in Colorado with SolarCity
Walgreens ranked as a leading retailer of utilizing renewable energy with 134 locations nationwide using solar electricity
AURORA, Colo.–(BUSINESS WIRE)– Walgreens (NYS: WAG) (NAS: WAG) , the nation’s largest drugstore chain, today announced an expansion of its renewable energy initiative to Colorado with SolarCity (NAS: SCTY) , a leading provider of clean energy. SolarCity will implement solar systems at 22 Walgreens stores across 14 different cities in Colorado in the coming months. The new solar systems cumulatively will reduce more than 47.5 million pounds of carbon dioxide (CO2) emissions over the next 20 years, which is comparable to planting 25,711 trees.*
Walgreens Extends its Renewable Energy Commitment to 22 Stores in Colorado with SolarCity (NAS: SCTY) . The new solar systems cumulatively will reduce more than 47.5 million pounds of carbon dioxide (CO2) emissions over the next 20 years, which is comparable to planting 25,711 trees. (Photo: Business Wire)
“A strong commitment to the local community is one of our company’s core values,” said Menno Enters, director of Energy and Sustainability at Walgreens. “SolarCity is helping us contribute to the health of the local communities we operate in by providing us with clean energy as well as contributing to the local economy in Colorado.”
Walgreens and SolarCity celebrated the completion of the first in a series of solar installations at the retail store on Smoky Hill Road in the City of Aurora. Honorable guests including Congressman Mike Coffman and City of Aurora Mayor Steve Hogan commemorated Walgreens’ commitment to the environment with a ribbon-cutting ceremony at a gathering of Walgreens employees, patrons, Xcel Energy and SolarCity representatives. Walgreens is ranked as the second leading retailer in the U.S. in utilization of renewable energy at its stores, according to Solar Energy Industries Association (SEIA).**
“Colorado has been at the forefront of energy conservation,” said Congressman Mike Coffman. “And I’m happy to see that SolarCity and Walgreens have teamed up to help meet our state’s renewable energy goals.”
Walgreens began implementing solar in 2007 at many of its retail stores across the country. The new rollout in Colorado brings Walgreens closer to reaching the U.S. Department …read more
Source: FULL ARTICLE at DailyFinance