Pivot Energy secured a tax equity investment from retailer Walmart for a portfolio of 15 community solar projects across the US. Image: Pivot Energy.
Retail giant Walmart has signed a power purchase agreement (PPA) with utility EDP Renewables North America (EDPR NA) for a 180MW solar PV project in Texas, US.
Under a 15-year PPA, Walmart will offtake 162MW of the PV plant, and complement existing corporate PPA between the companies on 233MW of utility-scale solar and wind energy, as well as 36MW of distributed solar. This latest procurement brings the total renewables offtake between the companies to 395MW.
(The above content is reproduced from pv-tech，By Jonathan Touriño Jacobo）
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