Pfizer signs VPPA with Vesper Energy to clean up North America operations

Facebook
Twitter
LinkedIn
Reddit
Email
The solar energy will come from Vesper’s 500MW Hornet Solar project in West Texas, which will be fully operational in 2023. Image: Zbynek Burival via Unsplash.

Pharmaceutical giant Pfizer has signed a 310MW virtual power purchase agreement (VPPA) with Texan renewable energy company Vesper Energy under a 15-year agreement.

The agreement will see Vesper deliver at least 310MW of renewable energy to the grid that will “effectively power 100% of the projected power needs of Pfizer’s North American operations through clean solar energy,” said Vesper Energy.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The solar energy will be generated from Vesper’s 500MW Hornet Solar project in west Texas, which will be fully operational by the end of 2023.

“Vesper’s Hornet Solar project is a strong example of how we put high-quality renewable infrastructure to work to solve our customers’ energy challenges, while making meaningful contributions to the greater sustainability movement,” said Vesper CEO Craig Carson.

At the end of last year, Vesper closed a letter of credit facility for up to US$100 million and stated its intention to accelerate the development of its solar and storage pipeline in North America.  

Read Next

September 10, 2025
A project claimed to be Germany’s largest agriPV plant has been commissioned in the north-east of the country.
September 8, 2025
Georgia Power has certified five new solar power purchase agreements (PPAs) within its borders, for a combined capacity of just over 1GW.
Premium
August 14, 2025
JP Casey investigates efforts currently being made to standardise the offtake agreement for the renewable power sector.
August 13, 2025
Madrid-headquartered renewables developer Elawan has signed a 10-year power purchase agreement (PPA) to support a 150MW solar PV portfolio in northern Spain.
Premium
August 6, 2025
PV Talk: LevelTen’s Andrés Acosta discusses how an oversupply of clean projects is shaping Europe’s PPA market.
August 1, 2025
Independent power producer GoldenPeaks Capital has reached commercial operations on a 92MW solar PV portfolio in Hungary.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines