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SOLAR UNITS BRING SUN POWER TO BIG FIRMS

By Anonymous
Publication: In Business
Date: Nov/Dec 2006 2006

General Motors and other firms are getting solar energy from systems installed by companies such as Developing Energy Efficient Roof Systems (also know as Deers). Deers and its investors own the cells (located on the roof of a GM parts warehouse in California) which can generate as much as 1.5 million

kw hours of electricity a year. "We assume the risk," says Jack DeLiddo, president of Deers, "because we know that companies like GM have budgets to buy electricity, not to spend millions generating it." Adds The New York Times: "Similar deals are cropping up elsewhere. Some specify that users pay the solar developers a fixed rate for electricity while others specify a fixed discount to the going rate."

In other developments, Alcoa is negotiating with developers to put solar cells on a manufacturing plant; a General Electric subsidiary has installed solar roofs to provide electricity for San Diego schools. In a deal with SunEdison, Whole Foods Markets uses solar cells in three stores and one warehouse. "Seeing whether solar would work is now on our check list tor every one of our new stores," says a Whole Foods executive.

In addition, make sure to read these articles:

  • Solar-powered retail lighting
  • The new roof at the 10-year-old Whole Foods Market store in Berkeley, Calif., does more than protect the natural and organic products sold inside. Atop ......
  • Roof innovation shines with solar cell integration.
  • EDWARD Stevenson and Bruce Khouri were doing a fine job running a roofing company when they gambled everything they had--$ l 0 million between them--to ......
  • Whole Foods Sales, Profits Up
  • AUSTIN, Texas -- Whole Foods Markets said yesterday its second quarter profit rose 26 percent to $25.6 million, or 41 cents a share, from $20.2 ......
  • Whole Foods Posts Higher Earnings, Sales
  • AUSTIN, Texas -- Organic and natural foods retailer Whole Foods Markets, Inc. on Wednesday reported strong gains in third-quarter sales and earnings, partly due to ......
  • Whole Foods Reports Profit Increase in 4Q
  • AUSTIN, Texas - Natural foods grocery chain Whole Foods Markets Inc. on Wednesday reported an 8 percent increase in net income, aided by notable sales ......
  • A whole lot of wild!
  • After several weeks of legal banter, Whole Foods Market Inc., Austin, Texas, has announced it is legally cleared to proceed with its merger involving ......
  • Ethos Water Now Available at Whole Foods in California
  • Ethos, the socially conscious premium bottled water company that helps children around the world get clean water, celebrates Earth Day, today, by announcing that its ......
  • Whole Foods is Draw to Urban Developments
  • According to a May 11th Wall Street Journal article entitled, "Metropolitan Magnet," Whole Foods Market Inc. is joining the gym and the concierge as the ......
  • Aggressive expansion at Whole Foods
  • Whole Foods Markets, Austin, Texas, one of the icons of natural foods retailing, is in the throes of an aggressive expansion program that includes store ......
  • Bread & Circus Stores to Adopt Whole Foods Name
  • BOSTON - Bread & Circus, a natural-food chain in Massachusetts, is dropping its name and adopting the identity of its parent company, Whole Foods Markets, ......
  • Whole Foods Embroiled in GE Foods Debate
  • Yesterday, shareholders of Whole Foods Markets considered a shareholder proposal addressing whether the company should inform consumers via its labels that its private-label brands are ......
  • Whole Foods to go with single identity.
  • Mrs. Gooch's grocery stores are first to undergo name change Changing the folksy, familiar name of the Mrs. Gooch's Whole Foods Markets to the more ......
  • Whole Foods Markets.
  • Whole Foods Markets, Austin, Texas, opens its first "lifestyle" store in Santa Monica, Calif., in late October. Whole Foods emphasized that this does not mean ......
  • Whole Foods Ups Dixon to Southwest Region Prexy
  • AUSTIN, Texas - Whole Foods Market, Inc. has named company veteran Mark Dixon president of its Southwest Region.

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