Renewable Energy Sources Will Contribute Significantly to Reducing Greenhouse Gas Emissions, and Walmart Aims to Use 100% Solar, Wind, and Other Energy in Its Own Operations, Such as Stores and Warehouses, by 2035.
Much of this will come from power purchase agreements (PPAs), where the retailer signs long-term contracts to buy green energy from suppliers, a practice that helped it procure 1.2 gigawatts of renewable energy between 2018 and 2019; to put this in context, the solar energy industry in the United States installed 3.62 gigawatts of photovoltaic capacity in the first quarter of this year along with Walmart.
Also Read
- Walmart Announced Investment of R$ 1.2 Billion in Brazil Over the Next 18 Months
- Petrobras Is the Twentieth Largest Polluting Company in the World
- Vale Is Installing One of the Largest Energy Storage Systems in Brazil at the Rio de Janeiro Terminal
Walmart’s Gigaton Project
The Gigaton Project is an initiative from Walmart to avoid one billion metric tons (one gigaton) of greenhouse gases from the global value chain by 2030 through the use of solar energy.
Through the Gigaton Project, renewable energy suppliers can take their sustainability efforts to the next level by establishing goals and receiving credit from Walmart for the progress they make.
-
Saudi Arabia is building in Oxagon a US$ 8.4 billion mega green hydrogen plant with 4 GW of solar and wind energy, 5.6 million solar panels, and capacity to produce 600 tons per day, transforming the desert into one of the planet’s largest clean fuel factories.
-
Germany and Denmark will transform Bornholm into a Baltic power island, connecting 3 GW of offshore wind power to the grids of the two countries via submarine cables and turning a real island into an international energy hub.
-
Brazil discovers natural hydrogen in four states and enters the silent race that could redraw the energy transition: Petrobras has already invested R$ 20 million in studies.
-
A BRICS country surprises the world, doubles electricity generation in just 7 years, nears 9,800 MW, and becomes one of Africa’s new bets in renewable energy.
Since the program was launched in 2017, hundreds of Walmart’s renewable energy suppliers have committed to carbon emission reduction.
Walmart Criticized the U.S. President’s Decision
Walmart publicly expressed its disappointment with President Donald Trump’s decision to withdraw the United States from the Paris Agreement, and McLaughlin reiterated its position.
“We believe that the U.S. should remain in the Paris Agreement. We said this at the time, and we still believe that… Climate change is one of the greatest crises we face as a planet… And, unfortunately, it requires immediate action from everyone to address it. Therefore, we need global collective action on a new renewable energy policy.”

Be the first to react!