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Re: Solar Panels Cost of Ownership

Re: Solar Panels Cost of Ownership

Submitted by jstack6 on Tue, 02/05/2008 - 23:50.

SOL-mart  ?

WAL-MART just installed Solar panels on one of their stores. If WAL-MART does it you can bet it saves money.

Read the API article below

CHINO, Calif. (AP) - SunPower Corp. has finished installing the first of seven solar-power systems for Wal-Mart Stores Inc. at one of the retailer's California locations, the companies said Monday.

The 390-kilowatt system has been installed at a Sam's Club store in Chino. The seven systems will have a total annual generating capacity of 4.6 megawatts.

A one-megawatt plant running continuously at full capacity can power 778 households each year, according to the U.S. Department of Energy. There are 1,000 kilowatts in a megawatt. Solar technology has lower capacity since its power generation is constrained by availability of the sun.

Wal-Mart installed the SunPower system using the solar-product maker's Access program, which allows entities to purchase solar electricity through a long-term agreement instead of purchasing the systems to be installed.

Wal-Mart has plans to install solar panels at about 22 of its stores and distribution centers in Hawaii and California. It expects the stores to save on utility bills starting the first day of each system's operation and estimates the systems will reduce its annual greenhouse-gas emissions by 8,000 to 10,000 metric tons.

SunPower shares rose $1.31, or 1.8 percent, to $74.60 in premarket trading after closing Friday at $73.29. Wal-Mart shares closed at $48.09 Friday.

© 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

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Solar Panels Cost of Ownership By: Sehija (30 replies) Sat, 08/25/2007 - 11:18