DSD Renewables will work with The Home Depot to install 13 MW of rooftop solar across 25 store locations in California. The installations contribute to The Home Depot’s goal to produce or procure 100% renewable energy by 2030 equivalent to the electricity needs for all its facilities.
“Our teams have worked hand-in-hand to design solar solutions to optimally power the portfolio of 25 stores in California and effectively reduce demand on the grid,” said Jason Chiang, senior director of direct origination at DSD. “We are excited to deploy our industry-leading capabilities across this significant new portfolio and play a role in helping The Home Depot achieve its sustainability goals.”
The portfolio will begin construction in early 2023, and upon completion is expected to generate more than 17 million kWh of clean energy annually that directly power The Home Depot’s store locations within the portfolio.
“Reducing The Home Depot’s environmental impact is essential to our efforts to build a better business, workplace and world,” said Ron Jarvis, VP and chief sustainability officer for The Home Depot. “Harnessing power from the sun is essential to our renewable electricity aims, and we’re happy to work with DSD as we expand our solar program and continue to invest in alternative energy solutions.”
DSD is continuing to work on projects with The Home Depot to broaden its solar energy usage in New Jersey, Connecticut, Maryland and Massachusetts, with additional projects planned in Arizona, California, Illinois and New York.
“This project marks 98 stores that will have deployed solar rooftops with DSD,” said Dan O’Brien, Vice President of Direct Origination at DSD. “The Home Depot shares our commitment to reduce its carbon footprint and we applaud the expansion of its renewable energy program.”
News item from DSD Renewables
- Homeowners should use caution when contracting services for home improvement projects
- Trinity Legacy Partners LLC Sells 8,235 Shares of The Home Depot, Inc. (NYSE:HD)
- Raub Brock Capital Management LP Purchases 513 Shares of The Home Depot, Inc. (NYSE:HD)
- Sale Shopper Alert: Amazon Prime Day Savings Start Now
- Drop everything you’re doing! The famous Anthropologie Gleaming Primrose Mirror is finally on sale