$HD Home Depot selects GE, Tesla for solar-powered stores
Home Depot (NYSE:HD) announced today that GE’s Current unit and Tesla (NASDAQ:TSLA) will install solar systems on 50 of its stores and sell the power output to the retailer; financial terms were not revealed.
HD says the project will reduce electricity grid demand by 30%-35% annually at each store, the equivalent of powering 2,300 average U.S. homes for a year.
The solar addition will bring HD's alternative energy footprint to more than 130 MW as it pursues a goal of utilizing 135 MW of alternative and renewable energy by 2020.
News 
Market Data 
Discover 
