SunPower Corporation – Rishabh Bansal – 2022
Goals
In 2022, leading residential solar and storage company, SunPower announced its ESG goal to decarbonize their downstream freight logistics by 2030. SunPower enlisted Rishabh to devise a strategic roadmap by exploring economically feasible opportunities for decarbonization including various alternative fuel technologies available in the market, different ownership models and route optimization.
Solutions
Rishabh developed a Financial Feasibility Model, Regional Demand Clustering Tool, and Route Optimization Model to answer strategic questions of risks and profitability, and identified two economically feasible decarbonization pathways, as follows:
- Decarbonizing regional freight logistics: Rishabh identified 6 operational regions viable to decarbonize with market-tested technology solutions and existing demand. He recommended SunPower to use 20 heavy-duty electric trucks supported by solar-powered DC fast chargers and a technology partner.
- Multi-load delivery: Rishabh explored and ascertained an alternative pathway to decarbonize by delivering multiple loads in a single trip through packaging and route optimization.
Potential Impact
Rishabh’s roadmap has laid exact next steps for SunPower. Decarbonizing regional freight logistics could annually save $1 million for SunPower and reduce their carbon footprint by an estimated 1,460 MT every year. Multi-load delivery could save an additional $440,000 in annual logistics cost and further reduce emissions by approximately 800 MT each year.
Overall, Rishabh’s recommended solutions could reduce a projected 2,260 MT of emissions (18% of overall Scope 3 emissions) simultaneously saving approximately $1.44 million in costs every year.
