Walmart has inked a contract with Nexamp as an anchor tenant to support 129 megawatts of community solar projects, in one of the biggest deals of its kind.
The retailer is subscribing to a share of each of 23 Nexamp solar farms across New York and will receive energy credits, equivalent to 50 megawatts of the entire portfolio. Walmart has 32 stores, four Sam's Clubs, and one distribution center participating in the program across the state.
The Nexamp solar farm in Gloversville is one of 23 community solar projects in New York that will provide clean energy credits to Walmart and savings opportunities to area residents.
The balance of the energy produced by the projects provides economic and environmental benefits to local area residents. As community solar grows in scale and popularity, it has become a viable option for large companies looking to help spur the development of localized renewable energy, while also making progress toward their own climate goals