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Virtual power purchase agreement with Texas solar farm is expected to produce the equivalent of 100% of the company’s US-based operational electricity needs.
September 18, 2023
By: Lianna Albrizio
Associate Editor
Colgate-Palmolive has signed a 20-year virtual power purchase agreement (VPPA) for a solar energy farm outside of Waco, TX. The new 209-megawatt Markum Solar Farm will be a long-term source of clean, renewable energy in the United States. With start-up anticipated in 2025, the project is expected to produce the equivalent of 100% of the company’s US-based operational electricity needs. This news follows the company’s 2022 announcement that it was the first large multinational...
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