---
title: SR Inc Member-Client Thermo Fisher Scientific Announces Buyer-Aggregated, Value Chain-Aligned VPPA through the NZCB – Sustainability Roundtable Inc
description: January 9, 2024 SR Inc Member-Client Thermo Fisher Scientific Announces Buyer-Aggregated, Value Chain-Aligned VPPA through the NZCB In December, 2023, SR I
---

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# [SR Inc Member-Client Thermo Fisher Scientific Announces Buyer-Aggregated, Value Chain-Aligned VPPA through the NZCB – Sustainability Roundtable Inc](https://sustainround.com/news/newslist/sr-inc-member-client-thermo-fisher-scientific-announces-buyer-aggregated-value-chain-aligned-vppa-through-the-nzcb)

 Written by [Admin](https://sustainround.com/news/author/admin) | Jan 9, 2024 5:00:00 AM

January 9, 2024

## SR Inc Member-Client Thermo Fisher Scientific Announces Buyer-Aggregated, Value Chain-Aligned VPPA through the NZCB

In December, 2023, SR Inc Member-Client Thermo Fisher Scientific announced that the company signed a buyer-aggregated VPPA to build the Serbal Solar project located in Spain, alongside its value chain partner Eurofins. The value chain-aligned procurement was supported by SR Inc’s Net Zero Consortium for Buyers and championed by Matthew Yamatin, Thermo Fisher’s Sustainability Program Director, & Francesco Cordasco at Eurofins.

Thermo Fisher’s 91MW & Eurofins’ 36MW offtakes are uniquely positioned to drive sustainability impact along the value chain, reducing both Thermo Fisher’s & Eurofins’ respective Scope 2 and Scope 3 emissions.

**Key impacts of Thermo Fisher’s 91MW offtake from the Serbal Solar Project, developed by ib vogt GmbH, include:**

- The delivery of approximately 192,000 MWh of renewable energy annually, matching over half of the company’s addressable European sites with 100% renewable electricity
- Accelerating Thermo Fisher Scientific towards its commitment to 80% renewable electricity globally by 2030

**For Eurofins, this VPPA provides:**

- 76,000 MWh of renewable electricity annually for 15 years
- Renewable electricity to fully mitigate electricity emissions for more than one-third of its addressable European footprint

Questions about value-chained aligned procurements? Reach out to SR Inc’s experienced team in the Net Zero Consortium for Buyers.

Learn more [here.](https://newsroom.thermofisher.com/newsroom/press-releases/press-release-details/2023/Thermo-Fisher-Scientific-Establishes-2030-Renewable-Electricity-Goal-and-Solar-Power-Purchase-Agreement-with-ib-vogt/default.aspx)

[View full post](https://sustainround.com/news/newslist/sr-inc-member-client-thermo-fisher-scientific-announces-buyer-aggregated-value-chain-aligned-vppa-through-the-nzcb)

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