Watershed to bring new solar plant in fixed-price VPPA with Ever.green

February 13, 2023
Facebook
Twitter
LinkedIn
Reddit
Email
Samsara, Stripe, and TaskUs, will help build a new solar plant in Texas. Image: Andreas Gucklhorn (UnSplash).

Enterprise climate platform Watershed has partnered with renewables marketplace Ever.green to launch a fixed-priced virtual power purchase agreement (VPPA).

Customers of Watershed, including Samsara, Stripe, and TaskUs, will help build a new 10MW solar plant in Laredo, Texas. Watershed said that this VPPA was a simpler structure that allows companies to fix their long-term costs, thus eliminating exposure to the volatile pricing inherent to a traditional VPPA while still increasing a project’s likelihood of full financing by lowering the overall financial risk.

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

“We’re working with Ever.green to develop the tools to launch us into the climate economy by enabling meaningful climate action by companies of all sizes. This fixed-price VPPA lets Watershed customers lock in years of renewable energy production that would not exist without their commitments,” said Taylor Francis, co-founder of Watershed.

Michael Leggett, co-founder of Ever.green, added, “As the world’s leading companies double down on ambitious climate goals, we’re making it easy for any company, regardless of size or sector, to fulfill those commitments toward a clean grid.”

The partnership with Ever.green followed Watershed’s partnership with Frontier in January, which aimed to accelerate the development of carbon removal technologies. Also, it broadened access to “climate-critical permanent carbon removal technologies by enabling buy-in for Watershed customers at a wider range of commitment sizes”.

16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

October 28, 2025
Fotowatio Renewable Ventures (FRV) Australia has announced the development of a 210MWdc solar project in New Zealand's Rangitikei District.
October 27, 2025
Chinese engineering firm Shanghai Electric has signed an engineering, procurement, and construction (EPC) contract with independent power producer (IPP) Econergy to build a 342MW solar PV plant in Romania.
October 27, 2025
Engie has signed additional PPAs with Meta, expanding their partnership to more than 1.3GW across four solar projects in Texas.
October 27, 2025
Waaree Energies has secured four solar module supply contracts totalling 692MW – three for projects in India and one in the US through its subsidiary.
October 27, 2025
Premier Energies has acquired a 51% stake each in transformer maker Transcon and inverter producer KSolare Energy. 
October 27, 2025
US solar technology company Swift Solar has deployed perovskite solar technology as part of a Department of Defence cyber warfare exercise in the state of Virginia.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany
Solar Media Events
March 24, 2026
Lisbon, Portugal