Page 54 - Forbes India (December 2015)
P. 54
CROSS BORDER
EnERgy REvOlutiOn
“We’re not in the
sustainability business,
we’re in real estate,”
says Wal-mart’s green
maven David ozment
MatthEw MahOn FOR FORBES
Everyday Renewable Energy
Wal-Mart, long the bogeyman of the left, is making one of its long-held
dreams a reality: Affordable green energy deployed on an industrial scale
By christopher helman
he roof of the Wal-Mart in stopped by here to give a speech store. You replaced some traditional
Mountain View, California, about his energy plan. Standing before lightbulbs with LEDs. You made
is covered with solar shelves filled with discount lightbulbs, refrigerator cases more efficient.
T panels. Depending on the Obama held up Wal-Mart as an ex- And you even put in a charging
time of day, they provide 15 percent emplar of corporate responsibility. station for electric vehicles,” said
of the power needed to run the store. “A few years ago you decided to Obama. “More and more companies
Last year, US President Barack Obama put solar panels on the roof of the like Wal-Mart are realising that
54 | FORBES INDIA DECEMBER 11, 2015
