Whole Foods is looking toward a brighter future ahead as it makes plans to install solar roofs on up to 100 of its stores. If it reaches this goal, the project might be among the 25 largest commercial rooftop solar installations in the country, according to a Whole Foods release.
The grocery chain is working with national solar providers NRG and SolarCity on the project. Following the announcement, both Whole Foods’ and SolarCity’s shares were trading at a higher value, reports CNBC. This increase follows a larger than expected first quarter loss for SolarCity as a result of not meeting target installation numbers due to dropping oil prices.
Kathy Loftus, global leader in sustainability for Whole Foods, says, “This program showcases an exciting step in Whole Foods Market’s efforts to increase support for renewable energy as well as lower energy costs. We strive to live our core values of environmental stewardship, as well as serving and supporting our local and global communities. This project allows us to continue to meet the needs of all of our stakeholders.”
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