SunPower today announced that construction has begun on an 8.79MW SunPower® solar system at Toyota Motor North America's new headquarters in Plano, Texas.
About 50 certified workers are now installing high-efficiency SunPower solar panels on steel carport structures across the top of four parking garages. When complete, more than 20,000 solar panels will cover the area equal to 10 football fields, offering shade and protection to vehicles underneath. The system is expected to generate enough clean energy to offset approximately 33 percent of the headquarters' energy needs, reducing Toyota's reliance on traditional electricity from the grid.
"We are excited to see this solar power project start to really take shape on our new headquarters campus," said Kevin Butt, regional director, North American Environmental Division, Toyota. "As a long-standing solar advisor, SunPower is helping us realize Toyota's 2050 global environmental challenge to eliminate carbon emissions in all operations."
"We're proud to partner with Toyota on this innovative solar project as the company works to achieve its ambitious sustainability goals," said Nam Nguyen, SunPower senior vice president. "The unique long-span carport design will feature SunPower's high reliability solar panels that deliver 30 percent more electricity than conventional solar, optimizing Toyota's renewable energy investment."
Toyota is financing the SunPower solar project installed at its Plano, Texas, location through a power purchase agreement (PPA) arranged by SunPower, which allows Toyota to buy power at competitive rates – acting as a hedge against future utility rate increases – with no upfront capital cost. Toyota will own the renewable energy credits associated with the system.