SEIA names Target as retailer with the most installed solar; notes MWs of corporate solar installed in 2016 already above 2015 numbers

Written By: Stratton Report
October 19, 2016

SEIA

On October 19, the SEIA announced that Target had added more solar in 2016 than any other U.S. retailer. The firm now has 147.5-MW of installed solar capacity. This is the first time Target has ranked No.1 in the report’s five-year history.

John Leisen, vice president of property management at Target noted: “We feel honored to be named the top corporate solar installer in the U.S. by the Solar Energy Industries Association. At Target, sustainability is a principle that drives the decisions we make across the company – from the products we make to the way we run our business. We’re incredibly proud of the progress we’ve made in improving building efficiencies and reducing environmental impact. Our commitment to installing solar panels on 500 stores and distribution centers by 2020 is evidence of that progress.”  

Other companies recognized in the solar association’s top 10 for their amount of solar capacity and number of solar installations include Walmart with 145-MW, Prologis with 107.8-MW, Apple with 93.9-MW, Costco with 50.7-MW, Kohl’s with 50.2-MW, IKEA with 44-MW, Macy’s with 38.9-MW, General Growth Properties, Inc. with 30.2-MW and Hartz Mountain Industries with 22.7-MW.

SEIA’s interim president Tom Kimbis remarked:

“These blue-chip companies are proof that sustainability and profitability is not an either-or proposition. Investing in solar is a common-sense decision that pays dividends for both the environment and companies’ bottom lines and these leaders deserve a big round of applause. They’re not only helping to create thousands of American jobs in solar, the nearly 2,000 corporate systems highlighted in this report are generating enough clean electricity to offset more than 1.1 million metric tons of harmful carbon emissions a year.”

SEIA’s results are published in its 2016 Solar Means Business report, which claims 1,100-MW in total of solar installations have been made at America’s top companies. The trade association also pointed out that in just the first three quarters of 2016, the report found 142 MW of corporate solar was added in the U.S., more than was installed in all of 2015 (129 MW).

Mark Vanderhelm, vice president of energy for Walmart observed: “Solar plays a vital role within our renewable energy portfolio. This is evident by our 2020 commitment of doubling solar energy projects at our Walmart stores, Sam’s Clubs and distribution centers across the nation. Our focus is on finding those solar projects that are right for the business. Being recognized by the SEIA for our efforts is confirmation that we are moving in the right direction with regards to renewable energy, specifically solar.”

Matt Singleton, vice president, Global Energy and Development, Prologis commented: “As the world’s largest owner and operator of logistics real estate, we’re proud to contribute to a low-carbon future and use our properties as a platform to generate large volumes of clean electricity. We are on pace to meet our goal of 200 megawatts of solar in our global portfolio by 2020, and we appreciate being acknowledged by SEIA for these efforts.”

Shobi Khan, chief operating officer of GGP pointed out: “We appreciate SEIA recognizing GGP’s commitment to sustainability, which is imbedded in everything we do. Solar energy is one of our areas of focus, and we’ve found that solar installations have the capability to deliver a significant amount of clean electricity to our shopping centers. Our investment in solar projects delivers benefits to the environment and strong returns to our shareholders.”

Lawrence Garb, executive vice president and managing director of Hartz Mountain Industries, Inc. stated: “We’re honored to be named by SEIA as a top company for another year in a row. Hartz continues to find the economics of the New Jersey solar market very accretive and has continued to increase its pipeline of new projects.”