Johnson & Johnson procures some solar from Ørsted's 518-MW hybrid in Texas

Collocated solar and wind parks. Photo Credit: Istock

November 30 (Renewables Now) - 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.

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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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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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