Vesper Energy , Pfizer sign PPA for 500 MW Hornet Solar project in west Texas

Vesper Energy has entered into a virtual power purchase agreement (VPPA) with pharmaceutical company Pfizer.

Under the 15-year agreement, Vesper will deliver at least 310 MW of renewable energy to the grid, effectively powering 100 percent of the projected power needs of Pfizer’s North American operations through clean solar energy.

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