The partnership with Texas-based Vesper Energy is estimated to save the University millions of dollars over the contract term due to solar’s low comparative cost. In addition, directly purchasing clean electricity will generate long-term cost and environmental savings, require no upfront capital or maintenance costs for the University, and give Pitt price certainty throughout the contract.
“The University of Pittsburgh is fully committed to achieving carbon neutrality for our Pittsburgh campus by 2037, with local, renewable energy getting us one-third of the way there,” said Aurora Sharrard, executive director of sustainability at Pitt. “We are very excited for Vesper’s Gaucho Solar facility to be the largest contributing renewable asset to date for the University’s goals of producing or procuring 50% of our total Pittsburgh campus electricity from renewables by…