Current, powered by GE Helps Home Depot Expand Rooftop Solar Energy to 30 East Coast Stores
August 17 2017 - 8:47AM
Business Wire
- Current is building 30 onsite solar
energy power plants at Home Depot locations in New Jersey,
Connecticut, Maryland and Washington, DC
- Each store will reduce electricity grid
demand by an estimated 30 to 35 percent annually
- Select stores to collect data with
digital metering and weather sensing technology
The Home Depot has selected Current, powered by GE (NYSE:GE) to
support a significant expansion of its rooftop solar energy
program. Current partnered with Home Depot on site selection,
project implementation plans, financing and incentive capture for
20 solar installations in New Jersey, as well as 10 additional
stores in Connecticut, Maryland and Washington, DC. The 11.9
Megawatt (MW) portfolio will deploy approximately 30,000 rooftop
solar panels and reduce electricity grid demand by an estimated 30
to 35 percent annually at each Home Depot store.
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Current, powered by GE rooftop solar
installation at the Home Depot store in Deptford, New Jersey.
(Photo: Business Wire)
“Our alternative energy projects are important elements of our
sustainability and operations efforts as they reduce carbon
emissions while also lowering our energy costs,” said David
Hawkins, vice president of labor and operations for The Home
Depot.
The solar power installations are part of Home Depot’s renewable
energy initiative which also includes wind farms, solar farms and
fuel cells that will bring the company’s renewable energy footprint
to more than 130 MW.
“Home Depot is a great partner to demonstrate the value of
onsite solar energy as a practical, affordable and important
business strategy, and drive further market adoption,” said Erik
Schiemann, General Manager of Solar at Current. “We are now
beginning to leverage digital technology to collect data that will
help our customers become even more efficient.”
The Current team will add metering technology as part of the
solar installations at select Home Depot stores in each region.
Digital tests will gather data about local grid interaction and
onsite plant production, as well as detailed weather tracking
sensor data. These insights will help Home Depot optimize energy
usage long term at similar locations.
Current by GE has begun construction on the selected stores,
which will continue throughout 2017. Earlier this year, the
Boston-based company announced a number of additional solar energy
projects at businesses across the Northeast, including the debut of
a new 2.26 MW solar carport at GE’s Schenectady campus, the
region’s largest project of its kind. Solar solutions from Current
are now generating clean energy to fuel industries ranging from
healthcare and retail to manufacturing and municipalities.
About Current, powered by GE:
Current is the digital engine for intelligent environments. A
first-of-its-kind startup within the walls of GE (NYSE: GE),
Current blends advanced energy technologies like LED and solar with
networked sensors and software to make commercial buildings and
industrial facilities more energy efficient & productive.
Backed by the power of Predix*, GE’s platform for the Industrial
Internet, and a broad ecosystem of technology partners, Current is
helping businesses and cities unlock hidden value and realize the
potential of their environments. www.currentbyge.com
About GE:
GE (NYSE: GE) is the world’s Digital Industrial Company,
transforming industry with software-defined machines and solutions
that are connected, responsive and predictive. GE is organized
around a global exchange of knowledge, the "GE Store," through
which each business shares and accesses the same technology,
markets, structure and intellect. Each invention further fuels
innovation and application across our industrial sectors. With
people, services, technology and scale, GE delivers better outcomes
for customers by speaking the language of industry. www.ge.com
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version on businesswire.com: http://www.businesswire.com/news/home/20170817005348/en/
For Current, powered by GE:Karen Rodgers O’Neil,
857-265-9113karen.oneil@ge.com
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