Lowe's selected Greenskies Clean Focus to provide a customized, structured solution for its large-scale, onsite solar energy deployment across a substantial portion of Lowe's California operations. Under the partnership, Greenskies Clean Focus will design, construct, finance, own, and operate rooftop solar energy systems on 52 retail stores and two distribution centers in California. The initial production for the combined 48 MW portfolio is projected at 76,000 MWh per year, providing 90% of the energy usage at each location.
"Greenskies is proud to support Lowe's sustainability commitment to fifty percent renewable energy by 2025," said Stanley Chin President and CEO of Greenskies Clean Focus. "These projects exemplify how large, multi-site organizations can deploy customized renewable energy solutions at scale to reduce greenhouse gas emissions and decarbonize operations."
Greenskies will provide Lowe's with clean, renewable solar energy under 20-year, fixed-price power purchase agreements. The solar energy will cost less than prevailing utility rates and include environmental attributes, enabling Lowe's to realize significant energy savings, reduce greenhouse gas emissions, and decarbonize its operations.
About Greenskies Clean Focus
Greenskies Clean Focus offers a full suite of decarbonization solutions, including onsite and offsite solar, battery storage, microgrids, and CCHP. Our vertical integration delivers the most cost-competitive solutions for commercial, public sector, and utility energy users throughout the US. From beginning to end, our customers work with a single delivery team. Greenskies originates, develops, constructs, and operates, while Clean Focus finances and owns the systems. Since our founding in 2009, we have constructed and operate 310 MW of renewable energy facilities across 578 sites in 19 states. Solar Power World ranks Greenskies Clean Focus as the number one commercial solar developer in the Northeast and top three in the US, based on cumulative kW installed. For more information, please visit www.greenskies.com
Contact:
Domonique Bedbury
Marketing Manager
(401) 481-2244
dom.bedbury greenskies.com
