Walmart has announced a partnership with Duke Energy which will supply wind power for about 15% of the energy load in 360 of its stores and facilities in Texas. Walmart, who has a lofty ambition of using only renewable energies in the future will pay traditional energy rates for the wind power which will come from a new wind farm under construction in Notrees, Texas beginning in April of next year.… Read the rest
Tag Archives: walmart
Walmart Heir Sells a Significant Portion of Stock in First Solar (FSLR)
According to Clusterstock.com, JCL Holdings sold 1.4 million shares of stock in First Solar during the month of August. JCL Holdings is affiliated with Walmart heir John T. Walton, one of the founding investors in First Solar. Should First Solar stockholders be worried? Probably not. JCL Holdings still has 10.7 million shares, while Walton himself controls 23 million shares.
First Solar’s stock has risen to 14x what is was when the company went public, so … Read the rest