Press release
328KB
maggio 24, 2023 - Volvo
Volvo Group partners with Vattenfall to secure long-term renewable electricity for its operations
Comunicato Stampa disponibile solo in lingua originale.
Amid increasing demand for clean energy, #volvogroup has today signed a long-term agreement with #vattenfall, the largest producer of renewable electricity in Sweden. The agreement means that #volvogroup is committed to buying 50% (~230GWh/year) of the renewable electricity produced at Bruzaholm wind park in Sweden, over a 10-year period starting in the last quarter of 2025.
This #partnership with #vattenfall is a step forward in the Group’s commitment to reach a net-zero greenhouse gas emissions (GHG) value chain by 2040 and achieve the aims of the Paris Climate Agreement. Containing 21 wind turbines with associated facilities, construction of the Bruzaholm wind park is scheduled to start in summer 2023 and to be ready for commission by the autumn of 2025 when the agreement begins.
Volvo Group is on a growth journey offering customers sustainable transport and infrastructure solutions with electric products and biofuels as key enablers to reduce GHG emissions. In parallel, #volvogroup is working on reducing the greenhouse gas footprint from its own operations and across the entire value chain, step-by-step, together with its partners. Part of this involves replacing remaining fossil energy sources in its operations with renewable low GHG intensive energy sources such as wind, solar and hydropower and enabling the societal transition to renewable electricity. By diversifying through various renewable sources this agreement adds capabilities for #volvo Group’s continued transition to net zero.
“This #partnership marks an additional step in continuously reducing the environmental impact from our own industrial activities. The agreement signals our commitment to prioritize low-carbon investments, source renewable energy, and take climate action across everything we do.” says Martin Lundstedt, President and CEO of #volvogroup.
“The industry's energy transition is taking place here and now – the key to success is collaboration, no one can tackle the challenge completely on their own. Today's agreement is an example of how #volvogroup has chosen to be at the forefront of its electrification and climate work. We are pleased to be able to support them on their journey. By expanding fossil-free energy sources, collaborating to electrify processes that are currently based on fossil fuels, using our fossil-free electricity and developing charging infrastructure, we can contribute to the phasing out of fossil fuels in the entire transport sector,” says Vattenfall’s CEO and President Anna Borg.
About Vattenfall
Vattenfall is a leading European energy company, which for more than 100 years has electrified industries, supplied energy to people’s homes and modernised our way of living through innovation and cooperation. #vattenfall now want to make fossil-free living possible within one generation. That's why the company is driving the transition to a sustainable energy system through initiatives in renewable production and climate smart energy solutions for customers. #vattenfall employ approximately 20,000 people and have operations mainly in Sweden, Germany, the Netherlands, Denmark, and the UK. #vattenfall is owned by the Swedish state.
For more information: group.vattenfall.com
9ad5ce5c133b8fe5 org
1860x1050, 287KB
News correlate |
||
|
|
|
marzo 22, 2024
|
marzo 11, 2024
|
febbraio 27, 2024
|
|
Comunicato Stampa disponibile solo in lingua originale. Following the binding joint venture agreements signed on October 6th, 2023... |
Comunicato Stampa disponibile solo in lingua originale. The Volvo Group has signed an agreement according to the previously announ... |
Comunicato Stampa disponibile solo in lingua originale. Volvo Group Venture Capital AB has invested in Zacua Ventures Builders Fun... |
Scarica tutto 
Ti potrebbe interessare anche |
||
|
|
|
gennaio 15, 2024
|
gennaio 12, 2024
|
settembre 14, 2023
|
|
Comunicato Stampa disponibile solo in lingua originale.Volvo Group has signed an option agreement with John Cockerill Defense whic... |
Volvo Group is further developing the internal combustion engine with hydrogen as a propulsion technology by initiating PhD schola... |
Comunicato Stampa disponibile solo in lingua originale. Volvo Group’s collaboration with H2 #green Steel for near zero emission st... |
Inglese 
Scarica tutto 
Condividi
Condividi via mail 
Automotive
Sport
Events
Art&Culture
Design
Fashion&Beauty
Food&Hospitality
Tecnologia
Nautica
Racing
Excellence
Corporate
OffBeat
Green
Gift
Pop
Heritage
Entertainment
Health & Wellness