Renewables

World’s leading pharmaceutical, healthcare companies ink PPA within Schneider Electric’s Energize initiative

Schneider Electric Energize pharmaceutical healthcare companies PPA

Photo: Schneider Electric

Published

February 14, 2025

Country

Comments

comments icon

0

Share

Published:

February 14, 2025

Country:

Comments:

comments icon

0

Share

Schneider Electric’s Energize, a collaborative partnership among the world’s leading pharmaceutical and healthcare companies and their suppliers, has facilitated the signing of the second PPA cohort for joint procurement of renewable electricity, following the success of the first cohort announced in fall 2024.

Energize, an initiative created and managed by Schneider Electric, aims to accelerate renewable energy adoption within the pharmaceutical value chain. Twenty four leading pharmaceutical and healthcare companies sponsor the Energize program to provide renewable electricity education and procurement support at no cost to their suppliers. The support empowers suppliers to make tangible strides toward achieving decarbonization goals.

The largest estimated emissions driver for the pharmaceutical and healthcare sector is the supply chain, which accounts for over 50% of emissions.

The first PPA was successful, evident by the creation of new cohorts for PPAs for long-term supply of renewable electricity, according to Schneider Electric.

The second PPA was signed by Energize sponsors Haleon and GSK and industry suppliers Gilead Sciences and Thermo Fisher Scientific

Current sponsor companies include: Almirall, Amgen, AstraZeneca, Bayer, Boehringer Ingelheim, Bristol Myers Squibb, Charles River Laboratories, Chiesi Group, GSK, Haleon, Johnson & Johnson, Kenvue, Merck (known as MSD outside the United States and Canada), Merck KGaA, Darmstadt, Germany, Novartis, Novo Nordisk, Pfizer, Roche, Sandoz, Sanofi, Schott, Takeda, Teva, and UCB.

“The Energize program aims to drive supply chain carbonization across the pharmaceutical and healthcare industries while serving as a playbook for other sectors as they look to tackle the most notoriously challenging aspects of decarbonization – scope 3 emissions,” said John Powers, Vice President of Schneider Electric responsible for the Global Renewable segment.

Schneider Electric’s Sustainability Business served as the advisor to the four companies participating in the second cohort throughout the PPA procurement and negotiation process.

The electricity for both PPAs will be produced in solar power plants

Energize sponsors Haleon and GSK and industry suppliers Gilead Sciences and Thermo Fisher Scientific signed the multi-buyer PPA with developer X-ELIO. The electricity will be produced in its Lorca Solar facility, expected to become operational by early 2026.

The four companies have collaborated to execute an aggregated purchase of 245 GWh of renewable energy per year for a 10-year term. The deal avoids 41,748 metric tons of CO2 emissions per year. The annual volume is equivalent to 74,878 Spanish households’ average electricity consumption.

“The signing of this virtual PPA reaffirms our commitment to offer personalized net zero solutions adapted to the needs of our partners,” said Mirko Molinari, Chief Commercial Officer at X-ELIO.

The first PPA was signed by three sponsors and five suppliers, for 563.7 GWh of renewable electricity per year for a 10-year term. The photovoltaic plant is developed by companies Zelestra and Bruc.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Curtailments negative prices slash solar power revenue Greece up to 60

Curtailments, negative prices slash solar power revenue in Greece by up to 60%

29 May 2026 - Solar parks in Greece with CfDs have lost an average 50% of revenue on a year-to-year basis in April amid negative prices and curtailments

World’s largest floating wind turbine installed in Chinese waters

World’s largest floating wind turbine installed in China’s waters

29 May 2026 - A 16 MW floating wind turbine has been installed in the South China Sea, which CTG claims is the largest, with the exception of platforms with double turbines.

hidroelectrica enevo solar park epc contract romania

Hidroelectrica signs turnkey contract with Enevo for 46 MW solar plant

28 May 2026 - Hidroelectrica has signed an EPC contract with Enevo Group for a solar power plant in southeastern Romania, with a peak capacity of 45.94 MW

serbia active byuers consumers linglong hbis solar ems application

Linglong, HBIS to become first major active electricity consumers in Serbia

27 May 2026 - Linglong and HBIS have submitted the first applications to connect solar power plants to the transmission system as active consumers