Atlanta — According to The Home Depot, 100 MW of solar energy purchased from National Grid Renewables at its solar and storage project in Denton County, Texas (known as Noble) will generate the approximate equivalent of nearly 8% of The Home Depot’s total electricity usage. The solar farm is National Grid Renewables’ largest solar energy project to date, and its first utility-scale energy storage project.
The Home Depot has pledged to produce or procure 100% renewable electricity equivalent to the electricity needs for all Home Depot facilities by 2030, expanding the company’s previous commitment to produce or procure 335 megawatts of renewable or alternative energy by 2025.
“Solar energy is the most abundant energy resource on earth,” says Ron Jarvis, chief sustainability officer for The Home Depot. “With this purchase, we are getting a step closer to our goal to produce or procure 100% renewable electricity equivalent to the needs of our facilities. We anticipate about three-quarters of our alternative and renewable energy capacity will come from solar energy by the end of 2023.”
Noble is a 275 megawatt (MW) solar and 125 megawatt hour (MWh) energy storage project located in the Electric Reliability Council of Texas (ERCOT). Noble is projected to avoid 450,000 metric tons of carbon dioxide emissions annually during operation.
The Home Depot is reducing its carbon footprint by improving the efficiency of the company’s operations and investing in alternative energy solutions. Since 2010, The Home Depot has reduced electricity consumption in its U.S. stores by 50% and currently operates rooftop solar farms on more than 80 stores and electricity-generating fuel cells in more than 200 stores.
The Home Depot currently purchases solar power from a 75 MW facility and is under contract for another 50 MW of solar capacity. The company also purchases energy from a 50 MW wind facility. The Home Depot expects the combined annual renewable energy generation from these agreements would be enough to power more than 500 stores.
For more information on The Home Depot’s sustainable operations, visit www.corporate.homedepot.com.
The Home Depot is the world’s largest home improvement specialty retailer. At the end of the third quarter of fiscal year 2022, the company operated a total of 2,319 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.
National Grid Renewables develops and operates large-scale renewable energy assets across the United States, including solar, wind and energy storage. For more information, visit www.nationalgridrenewables.com.
SOURCE: The Home Depot