Tag: power purchase agreement

Colgate-Palmolive Inks Solar Deal to Meet 100% of U.S. Power Needs

By Joe Bebon, Editor Sep 20, 2023 Sustainability/Business Continuity

Updated: Sep 20, 2023

Colgate-Palmolive has signed a 20-year virtual power purchase agreement (VPPA) for a solar energy project outside of Waco, Texas. With start-up anticipated in 2025, the 209-megawatt (MW) Markum Solar Farm is expected to produce the equivalent of 100% of the company’s U.S.-based operational electricity needs. This news follows the company’s announcement in 2022, when it shared that […]

University of Pittsburgh Moves Closer to Carbon Neutrality with Solar Project

By Joe Bebon, Editor Aug 17, 2023 Design and Construction

Updated: Aug 17, 2023

The University of Pittsburgh (Pitt) and Texas-based developer Vesper Energy have cut the ribbon on the Gaucho Solar project. Built on 68 acres near Pittsburgh International Airport, the 20 megawatt project features about 55,000 panels and is one of the largest solar arrays in Western Pennsylvania. Through a power purchase agreement with Vesper Energy, the […]

University of California Inks Major Wind Energy Deal to Power Campuses

By Joe Bebon, Editor May 18, 2023 Sustainability/Business Continuity

Updated: May 18, 2023

In a move to step-up its clean energy goals, the University of California (UC) has signed its first-ever wind energy contract. The deal represents the university’s largest renewable energy commitment to date in support of campus decarbonization. UC entered the 85 megawatt (MW) power purchase agreement with Pattern Energy, which is developing the 3,500 MW […]