BP Solar has been selected to provide solar photovoltaic power systems for Wal-Mart stores in California. This agreement builds on an established relationship between the retailer and BP Solar.
Under a power purchase agreement negotiated for the projects, BP will finance, install and maintain the systems, and Wal-Mart will have immediate access to electricity with no up-front capital cost.
BP says it will initially focus on building 10 to 20 rooftop systems at Wal-Mart locations in California, and it will work with Wal-Mart to evaluate the potential for additional projects. BP expects to complete the first set of projects, totalling up to 10 MW of installed solar power, within about 18 months.
SOURCE: BP Solar