X-Elio and the Net Zero Consortium for Buyers (NZCB) have announced the signing of six virtual PPAs for a combined total capacity of 172MW in the United States.
The consortium includes major companies such as Cisco Systems, Biogen, IDEXX Laboratories, and Waters Corporation.
This milestone has been achieved through the mediation of Sustainability Roundtable, a pioneering organization in corporate sustainability.
The energy for these 12-year arrangements will be sourced from X-Elio’s Star Dairy and Rosebud solar projects in Texas.
Under this partnership, these projects are expected to supply an estimated 367,000MWh annually, with operations set to begin in 2027.
Nicholas Pentreath, X-Elio’s deputy chief executive, said: “Today, once again, we announce another key milestone of partnership for the company.
“We are honoured to be the selected and trusted partner to bring supply and price certainty to energy-intensive sectors with ambitious ESG and net zero targets, such as the technological, health, and pharmaceutical industries.”