Commercial, Wind - September 29, 2022
Thermo Fisher Scientific Signs VPPA
Thermo Fisher Scientific Inc., a science company, recently signed an eight-year VPPA with Enel North America to deliver a 90 MW portion of the Seven Cowboy wind project in western Oklahoma.
Thermo Fisher will purchase approximately 400,000 megawatt hours (MWh) of renewable electricity, equal to half of the company’s current U.S. electricity needs.
As part of the company’s emissions-reduction strategy, Thermo Fisher plans to eventually transition most locations globally to renewable energy. Today more than 60 sites worldwide are fully powered by renewable electricity, including seven facilities that generate 3.5 MW of solar power and 3 MW of wind energy. Another 15 MW of solar power projects are planned.
“By sourcing electricity from new wind and solar facilities we can help our customers meet their Scope 3 greenhouse gas reduction targets,” said Konrad Bauer, senior vice president, global business services, Thermo Fisher Scientific, in a statement. “This project will more than double our use of renewable energy and, combined with our $20 million investment in green infrastructure earlier this year, supports our commitment to a net-zero value chain by 2050.”
The Seven Cowboy Wind project is expected to be operational by the second half of 2023. Schneider Electric advised Thermo Fisher on this agreement.