CINCINNATI and SAN JOSE, Calif., April
21, 2017 /PRNewswire/ -- Today, several Macy's, Inc.
locations will reveal their solar energy makeovers – part of a
company-wide sustainability initiative – with SunPower
(NASDAQ:SPWR) during dedication events at the Macy's Broadway Plaza
store in Walnut Creek, Calif.;
Bloomingdale's store at The Shops
at Chestnut Hill in Chestnut Hill, Mass.; and the Macy's and
Bloomingdale's fulfillment center
in Joppa, Md. This marks the
completion of 21 high-efficiency SunPower® solar energy
systems installed this past year at Macy's and Bloomingdale's locations in seven states,
totaling 15 megawatts and adding to the nearly 24 megawatts of
SunPower solar that have been operating since 2007. Electricity
generated by the new solar power systems will ultimately be sold to
others.
Macy's Broadway Plaza, Walnut
Creek, Calif.
- Event details: 10 a.m. PT
at 1301 Broadway Plaza
- System details: Power produced by the 670-kilowatt
SunPower solar power system is enough to provide 111 homes with
electricity for one year.
Bloomingdale's at The Shops
at Chestnut Hill, Chestnut Hill, Mass.
- Event details: Noon ET at
225 Boylston St.
- System details: Power produced by the 643-kilowatt
SunPower solar power system produces enough power to provide 83
homes' electricity use for one year.
Macy's and Bloomingdale's
Fulfillment Center, Joppa,
Md.
- Event details: 11 a.m. ET
at 3300 Fashion Way
- System details: Power produced by the 2.25-megawatt
SunPower solar power system provides enough electricity to power
324 homes for one year.
In 2016, Macy's ranked fourth among corporations nationwide for
installed solar according to Solar Energy Industries Association
(SEIA). About 70 percent of the 102 solar power systems in the
Macy's and Bloomingdale's
renewable energy portfolio feature SunPower's high-efficiency
technology.
"As a leading national retailer with 140,000 dedicated
associates, we have the opportunity to make a meaningful difference
in improving the environment," said Chuck
Abt, senior vice president of operations for Macy's, Inc.
"Working with SunPower, we have been able to maximize the value of
unused roof areas at our stores and fulfillment centers across the
country by deploying the company's high efficiency solar technology
that creates more energy in less space."
Nineteen of the 21 new systems feature the SunPower®
Helix™ Roof product, the world's first fully-integrated rooftop
solar solution for commercial customers. The Helix platform is a
pre-engineered, modular solution that is built to last, maximizes
power production, and can be installed nearly three times faster
than competing technology, enabling customers to scale their solar
programs quickly with minimal business disruption.
In addition to solar systems, SunPower also provided Macy's with
battery storage systems at three stores in Southern California. The energy storage
technology is expected to help those locations further manage
energy costs by offsetting demand charges incurred by commercial
customers.
"Macy's continues to demonstrate extraordinary leadership in
sustainability and we're honored to support the company's efforts
with SunPower's dependable solar energy solutions," said
Nam Nguyen, SunPower senior vice
president. "Pairing SunPower's Helix Roof system with storage at
some locations, we're delivering more value to Macy's through
innovative solar that installs at record-breaking speed and
delivers reliable energy at predictable, cost-competitive
rates."
Macy's financed the majority of the SunPower solar systems on
its stores through power purchase agreements, allowing it to buy
power at competitive rates that act as a hedge against future
utility rate increases with no upfront capital cost. Macy's does
not own the renewable energy credits associated with most of the
SunPower solar energy systems installed on its facilities.
To learn more about Macy's, Inc. sustainability efforts, visit
macysgreenliving.com. And for more on how SunPower is leading the
world with sustainable solar, read the company's latest
sustainability report here.
About Macy's, Inc.
Macy's, Inc. is one of the nation's
premier retailers. With fiscal 2016 sales of $25,778 billion and approximately 140,000
employees, the company operates more than 700 department stores
under the nameplates Macy's and Bloomingdale's, and approximately 125
specialty stores that include Bloomingdale's The Outlet, Bluemercury and
Macy's Backstage. Macy's, Inc. operates stores in 45 states, the
District of Columbia, Guam and Puerto
Rico, as well as macys.com, bloomingdales.com and
bluemercury.com. Bloomingdale's
stores in Dubai and Kuwait are operated by Al Tayer Group LLC
under license agreements. Macy's, Inc. has corporate offices in
Cincinnati, Ohio and New York, New York.
About SunPower
With more than 30 years of proven
experience, SunPower is a global leader in solar innovation and
sustainability. Our unique approach emphasizes the seamless
integration of advanced SunPower technologies, delivering The
Power of One® complete solar solutions and lasting
customer value. SunPower provides outstanding service and
impressive electricity cost savings for residential, commercial and
power plant customers. At SunPower, we are passionately committed
to changing the way our world is powered. And as we continue
shaping the future of Smart Energy, we are guided by our legacy of
innovation, optimism, perseverance and integrity. Headquartered in
Silicon Valley, SunPower has dedicated, customer-focused employees
in Africa, Asia, Australia, Europe, North
America and South America.
Since 2011, we've been majority-owned by Total, the fourth largest
publicly-listed energy company in the world. For more information,
visit www.sunpower.com.
©2017 SunPower Corporation. All Rights Reserved.
SUNPOWER, the SUNPOWER logo, HELIX, and THE POWER OF ONE are
trademarks or registered trademarks of SunPower Corporation in the
U.S. and other countries as well.
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SOURCE SunPower Corp.