Sandoz Secures 10-Year Green Energy Deal for European Operations

Sandoz Secures 10-Year Green Energy Deal for European Operations

Sandoz, the Swiss pharmaceutical giant specializing in generic and biosimilar medicines, has taken a significant stride in its decarbonization journey by inking a 10-year virtual Power Purchase Agreement (PPA) with Elawan Energy. This strategic move is set to cover nearly 90% of Sandoz’s electricity demand in Europe, a region that constitutes the bulk of the company’s global operations. Source

Sandoz signs renewable energy deal to supply 90% of European operations - Pharmafile

Sandoz has entered into a ten-year virtual Power Purchase Agreement with Elawan Energy for the development of new solar projects in Valladolid, Castilla y León, Spain. The projects are expected to supply nearly 90% of the electricity demand for the company’s European operations. Europe hosts the majority of Sandoz sites, and the agreement forms part […] The post Sandoz signs renewable energy deal to supply 90% of European operations appeared fir…