The University of Pennsylvania has signed a Power Purchase Agreement (PPA) for the creation of a solar power project moving the University significantly closer to meeting its commitment of a 100% carbon neutral campus by 2042, as outlined in the Climate & Sustainability Action Plan 3.0.

The agreement (consisting of two contracts) will result in the construction in central Pennsylvania of two new solar energy facilities with combined capacity of 220 megawatts, which is projected to produce approximately 450,000 MWh of electricity annually. Penn will purchase all electricity produced at the sites—equal to about 75% of the total electricity demand of the academic campus and the University of Pennsylvania Health System—for 25 years at a rate competitive with conventional electricity prices. The project partner, Radnor, Pennsylvania-based Community Energy, expects this to be the largest solar power project in the Commonwealth of Pennsylvania.

Read the full article at Penn Today