Wal-Mart Stores Inc. (NYSE:WMT) has been installing wind turbines to power its California distribution center.
Wal-Mart Installing New Turbines
In an effort to decrease its impact on the environment, Wal-Mart Stores Inc. (NYSE:WMT) is installing wind turbines at its Red Bluff distribution center in California.
This wind turbine will provide one megawatt of power, or 15-20 percent of its yearly electrical use. The turbine will be operational by the fall.
Greg Pool, Wal-Mart Stores Inc. (NYSE:WMT)’s senior manager of renewable energy and emissions, said, “If the project is successful, Wal-Mart plans to evaluate the potential for large-scale turbine installations at other U.S. distribution centers”.
Wal-Mart Stores Inc. (NYSE:WMT) stocks were at 73.59 at the end of the last day’s trading. There’s been a 25.5% change in the stock price over the past 3 months.