The Home Depot has announced its first major investment in wind. The energy purchased from Texas’ Los Mirasoles Wind Farm is enough to power 100 Home Depot stores for a year, while providing $150,000 in local community benefits.
Los Mirasoles Wind is owned and operated by EDP Renewables North America, and located in Hidalgo and Starr Counties, northeast of McAllen, Texas. Vestas’ V110 2.0 MW wind turbines power the wind farm. Through a 20-year power purchase agreement (PPA), The Home Depot’s annual purchase of 50 MW is a fifth of the project’s 250-MW capacity.
The Home Depot partnered with EDP Renewables for the Texas development in 2016. As a part of its renewable energy initiative, The Home Depot’s goal is to procure 135 MW of various renewable energy sources by the end of 2020.
In addition to the wind farm, the company also procures energy from solar farms in Delaware and Massachusetts with a combined annual output of 14.5 million kilowatt hours (kWh). More than 150 stores and distribution centers use on-site fuel cells that produce roughly 85% of the electricity each store needs to operate.
Filed Under: News, Projects