Thermo Fisher Partners with EDF to Build a 200MW Solar Power Plant to Power U.S. Operations

Thermo Fisher Scientific Inc (NYSE:TMO) announced on Thursday that it has signed a new Virtual Power Purchase Agreement (VPPA) tied to 200MW of solar power, thus contracting enough renewables to cover the needs of all of its U.S. facilities. since 2026.

In particular, a US scientific equipment supplier has awarded a 20-year contract to EDF Renewables for the entire capacity of the Millers Branch Solar project in Texas, or about 545,000 MWh of electricity per year. The specific solar park is expected to be operational by December 2025.

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The company noted that it used the Net Zero Consortium for Buyers Sustainability Roundtable Inc platform to secure this latest contract.

In late September, Thermo Fisher also announced that it had signed a separate eight-year VPPA agreement with Enel North America to purchase approximately 400,000 MWh of electricity annually from the 90-megawatt portion of the Seven Cowboy wind project in western Oklahoma.

The Company aims to reduce Scope 1 and 2 greenhouse gas emissions by 50.4% by 2030 compared to the 2018 baseline. He submitted his goal for review under the Science Goals Initiative (SBTi).