MSD Secures PPA for Texas Solar Heart
MSD, a biopharmaceutical company, has signed a Power Purchase Agreement (PPA) with Ørsted, a company that develops, builds and operates solar farms for energy from the Armadillo Solar Center in Navarro County, Texas. With the PPA, Ørsted is expanding its industrial customer base to include the pharmaceutical industry.
"We are excited to partner with MSD and expand our customer base," said Vishal Kapadia, Senior Vice President and CCO of Onshore at Ørsted. "It is exciting to work with them to advance the use of carbon-free energy in the medical industry."
The Armadillo Solar Center is located in Navarro County, Texas, less than 50 miles from the Dallas-Fort Worth Metroplex. The center is expected to be operational in early 2023.
“This contract is an important step in MSD's commitment to sustainability by bringing zero carbon energy to the grid in Texas and reducing the environmental impact of our operations,” said Susanna Webber, senior vice president of the global supplier management group and chief procurement officer at MSD. "As a human and animal health company, we see our renewable energy strategy as fully integrated with MSD's mission to save and improve lives."