Aggregated VPPA for 180 MW US Solar Farm
This project is announced in United States. The source does not give a quantified reduction for this project.
- Status
- Announced
- Estimated reduction
- Not quantified in the source
- Countries
- United States
- Sector
- Renewable power
- Announced
- 1 May 2024
- Expected start
- 2026
About this project
The description is as the source gives it.
Cadence Design Systems signed an aggregated virtual power purchase agreement (VPPA) as part of the Net Zero Consortium for Buyers to finance a 180 MW solar project developed with Southern Company. The agreement supports purchaser-caused renewable electricity procurement for Cadence's operations. Once operational, Cadence's portion is expected to deliver solar power equivalent to its entire U.S. electric load and approximately half of its global Scope 2 emissions. Evidence: "Cadence Design Systems, IDEXX Laboratories, Inc., PTC, and a large healthcare company signed an aggregated virtual power purchase agreement (VPPA) with Southern Company" — https://www.prnewswire.com/news-releases/seven-corporate-buyers-enter-into-aggregation-deal-to-purchase-180-mw-of-solar-energy-through-the-net-zero-consortium-for-buyers-302131951.html
Statuses, countries and reductions are as the public source states them, and may be out of date.
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