Macy's to reduce Utility-Provided Energy by 40% through solar and efficiency

http://thefraserdomain.typepad.com/energy/2007/10/macys-to-instal.html

October 03, 2007
Macy's to Install 8.9 MW of Solar Power in California Stores, Combined with Energy Efficiency Program Utility-Provided Energy to be Reduced 40%

Per a SunPower press release:

Macy's is launching a program to install solar electric power systems at 28 California stores, including 15 in Southern California. SunPower Corporation (Nasdaq:SPWR), a Silicon Valley-based manufacturer of high-efficiency, solar cells, solar panels and solar systems, is partnering with Macy's to design and install the systems. . . .

Through its 28-store partnership with SunPower, Macy's has committed to installing a total of 8.9-megawatts of solar power systems on its California stores. In addition, SunPower is assisting Macy's to improve the energy efficiency at the stores. Combining solar power with energy efficiency will allow Macy's to achieve an estimated 40 percent reduction in utility-provided energy, almost doubling the impact of the solar power alone. . . .

For 17 of the 28 stores, Macy's will purchase solar-generated electricity under the SunPower Access(tm) program, a solar services agreement that allows the retailer to purchase just the electricity generated at its stores -- not the solar power systems. At the end of a 10-year term, Macy's will have the option to renew the agreement, transfer the equipment to a new site, or buy the system. Macy's will buy solar power systems for the remaining 11 stores through an outright system purchase.

SunPower commercial 300 series solar panels deliver panel efficiencies of up to 19.3% and are backed by a 25 year warranty.

<snip>