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Decarbonization project

Lonza Europe VPPA with IGNIS for solar power

This project is operational in Switzerland. The source does not give a quantified reduction for this project.

Status
Operational
Estimated reduction
Not quantified in the source
Countries
Switzerland
Sector
Renewable power
Announced
9 June 2023
Expected start
2024

About this project

The description is as the source gives it.

Lonza signed a 10-year virtual power purchase agreement (VPPA) with IGNIS to procure renewable solar electricity matching the needs of its sites across Switzerland and the European Union. This contracted renewable supports decarbonization of Scope 2 emissions in Lonza's own operations. Evidence: "Lonza... has signed a ten-year Virtual Power Purchase Agreement (VPPA) with IGNIS... Under the terms of the VPPA, IGNIS will produce renewable energy equal to Lonza’s electricity needs across Switzerland and the European Union." — https://www.indianpharmapost.com/news/lite/lonza-signs-vppa-for-solar-power-supply-with-ignis-14250

Statuses, countries and reductions are as the public source states them, and may be out of date.

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