Walmart Announces First PPA To Serve "Cohort" Of Participating Customers, Selects Supplier
October 19, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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Walmart Inc., Ørsted and Schneider Electric announced that they have convened and executed a procurement for the first cohort of customers (suppliers of merchandise or services to Walmart) to participate in Walmart’s renewable energy accelerator: Gigaton PPA.
Five customers -- Amy’s Kitchen, Great Lakes Cheese, Levi Strauss & Co., The J.M. Smucker Co. and Valvoline Inc -- have collaborated to execute an aggregated purchase of renewable energy from Ørsted’s Sunflower Wind Farm located in Marion County, Kansas.
Over the 12-year term of the agreement, the purchase is expected to generate approximately 250,000 megawatt-hours (MWh) annually
Schneider Electric is the Gigaton PPA program manager and also served as the advisor to program participants throughout the PPA procurement and negotiation process.