Johnson & Johnson procures some solar from Ørsted's 518-MW hybrid in Texas
Collocated solar and wind parks. Photo Credit: Istock
US healthcare group Johnson & Johnson (NYSE:JNJ) has signed a power purchase agreement (PPA) with Denmark’s Ørsted A/S (CPH:ORSTED) to off-take 55 MW of solar power from the Helena Energy Center, a proposed hybrid wind and solar farm complex in Texas.
The contracted power will come from the 250-MW Sparta Solar park, the solar half of the 518-MW Helena hybrid project in southern Texas, Ørsted said on Tuesday, without specifying the duration of the PPA.
Earlier this year, the Danish energy producer approved a final investment decision to proceed with the Helena Energy Center project, its largest onshore scheme to date.
So far, several corporate off-takers have lined up to procure the wind and solar power output from the complex. German chemical and consumer goods major Henkel AG & Co KGaA (ETR:HEN3) committed to buying half of the annual production generated by the 268-MW Helena wind farm under a ten-year virtual PPA. US retailer Target Corp (NYSE:TGT) will get a portion of Sparta Solar’s output.
The Helena Energy Center is expected to commence operations in the first half of 2022.
In Tuesday’s press release, Ørsted also said it had signed a PPA with Johnson & Johnson for the delivery of over 1 TWh of wind power in Ireland over the course of an eight-year PPA.
The agreement, which the Johnson & Johnson group announced over a month ago, is tied to the operational Kilgarvan and Booltiagh Wind Farm 1 facilities.
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