Home Depot To Lease 50 Store Rooftops For Solar Power
August 21st, 2017

Via Renewable Energy World, a report on Home Depot’s plan to lease 50 store tops for solar power.  We can’t be too far away from a renewable focused roof REIT perhaps:

The Home Depot last week said that it will use power purchase agreements to lease rooftop space for 50 of its stores.

The company is working with Tesla and GE subsidiary Current on the project.

Store locations are in California, Connecticut, Maryland, New Jersey, New York and Washington, D.C.

According to Home Depot, the project will reduce grid electricity demand by about 35 percent annually at each Home Depot store.

The solar project is part of the company’s efforts to use 135 MW of alternative and renewable energy by 2020.

Home Depot also has invested in solar farms in Delaware and Massachusetts; fuel cells at about 170 stores; and wind farms in Texas and Mexico. 


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About This Blog And Its Author
As potential uses for building and parking lot roofspace continue to grow, unique opportunities to understand and profit from this trend will emerge. Roof Options is committed to tracking the evolving uses of roof estate – spanning solar power, rainwater harvesting, wind power, gardens & farms, “cooling” sites, advertising, apiculture, and telecom transmission platforms – to help unlock the nascent, complex, and expanding roofspace asset class.

Educated at Yale University (Bachelor of Arts - History) and Harvard (Master in Public Policy - International Development), Monty Simus has held a lifelong interest in environmental and conservation issues, primarily as they relate to freshwater scarcity, renewable energy, and national park policy. Working from a water-scarce base in Las Vegas with his wife and son, he is the founder of Water Politics, an organization dedicated to the identification and analysis of geopolitical water issues arising from the world’s growing and vast water deficits, and is also a co-founder of SmartMarkets, an eco-preneurial venture that applies web 2.0 technology and online social networking innovations to motivate energy & water conservation. He previously worked for an independent power producer in Central Asia; co-authored an article appearing in the Summer 2010 issue of the Tulane Environmental Law Journal, titled: “The Water Ethic: The Inexorable Birth Of A Certain Alienable Right”; and authored an article appearing in the inaugural issue of Johns Hopkins University's Global Water Magazine in July 2010 titled: “H2Own: The Water Ethic and an Equitable Market for the Exchange of Individual Water Efficiency Credits.”