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Source: Flickr

Home Depot Partners With GE And Tesla To Add Solar Panels To 50 Stores

By Brian Spaen

Home Depot will soon be equipping their buildings with solar panels. In collaboration with GE’s Current and Tesla, the company announced on Thursday that 50 stores will be installing a miniature solar farm on their rooftops. It’ll bring the company close to their goal of a 135-megawatt capacity by 2020.

Stores that will be utilizing the new solar panels are located in the Northeastern part of the United States and in California. 20 of them will be in New Jersey alone, with the rest spread out in New York, Maryland, Connecticut, and the Sunshine State. The company will be leasing out these projects through Purchase Power Agreements.

On average, Home Depot rooftops contain 100,000 square feet and have a flat surface. Approximately 1,000 solar panels will be able to sit on each roof. Each solar farm would eliminate up to 35 percent of their usage from the electric grid every year. That could improve in six locations that will be using Tesla Powerpacks to store energy.