Hannaford Supermarkets have announced that they intend to be fully powered by renewable energy by 2024. With this ambitious aim, it reportedly becomes the first large-scale supermarket business to have such an aggressive timeline for becoming renewable powered.
Energy intensive supermarkets need large volumes of energy for their heating and cooling requirements. Hannaford has already taken certain measures to reduce its energy consumption. In this regard, it has installed LED lights, night shades, doors on cases and state-of-the-art refrigeration systems plus rooftop solar on 10 of its stores. The supermarket chain currently uses 30 per cent renewable energy for its operations and has tied up with 30 community solar projects across Maine, Massachusetts, and New York.
The company has converted 86.4 MW of its remaining electricity usage to solar and is working to integrate community and large-scale solar projects in Maine and New York to reach its 100-percent-green milestone by 2024. The company has further planned to be a net zero carbon business by 2040.
REGlobal’s Views: With the increasing focus on clean energy procurement to reduce carbon emissions, many corporates are adopting greener strategies to attract both investors and customers. These corporates are able to procure cost effective green power through onsite installations or through bilateral power purchase agreements.