Potential offtaker

VOITH GMBH & CO

www.voith.com

Estimated electricity consumption

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Countries of production presence

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Voith GmbH & Co is a German company that operates in the paper industry machinery sector. The company was founded in 1867 and has since grown to become a leading provider of paper machines, automation systems, and services for the paper industry. Voith is committed to sustainability and has made significant investments in decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation is a key focus area for Voith. The company recognizes the importance of reducing carbon emissions to mitigate the impact of climate change. Voith has set ambitious targets to reduce its carbon footprint and is working towards becoming a carbon-neutral company. To achieve this, the company has implemented a range of measures, including energy-efficient technologies, renewable energy sources, and sustainable production processes.

Corporate energy is another area of focus for Voith. The company has implemented a range of energy-saving measures across its operations, including the use of energy-efficient equipment and the optimization of production processes. Voith has also invested in renewable energy sources, such as wind and solar power, to reduce its reliance on fossil fuels. The company has set a target to increase its use of renewable energy to 80% by 2022.

Corporate PPA (Power Purchase Agreement) is a mechanism that allows companies to purchase renewable energy directly from a supplier. Voith has entered into several corporate PPAs to secure a reliable and cost-effective supply of renewable energy. The company has signed a 10-year PPA with a wind farm in Sweden, which will provide Voith with 100% renewable energy for its operations in the country. Voith has also signed a PPA with a solar farm in Spain, which will supply renewable energy to the company's operations in the country.

Renewable energy is a key focus area for Voith. The company recognizes the importance of transitioning to a low-carbon economy and has made significant investments in renewable energy sources. Voith has installed solar panels on the roofs of its production facilities and has invested in wind and hydroelectric power projects. The company has also developed innovative technologies to support the integration of renewable energy into the grid, such as energy storage systems and smart grid solutions.

In addition to its focus on sustainability, Voith is committed to innovation and customer satisfaction. The company has a strong track record of developing innovative solutions that meet the evolving needs of its customers. Voith's products and services are designed to improve the efficiency and performance of paper machines, reduce energy consumption, and minimize environmental impact.

Voith's commitment to sustainability and innovation has earned the company a strong reputation in the paper industry machinery sector. The company's customers value its expertise, reliability, and commitment to sustainability. Voith's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy has positioned the company as a leader in the transition to a low-carbon economy.

In conclusion, Voith GmbH & Co is a German company that operates in the paper industry machinery sector. The company is committed to sustainability and has made significant investments in decarbonisation, corporate energy, corporate PPA, and renewable energy. Voith's focus on sustainability and innovation has earned the company a strong reputation in the paper industry machinery sector, and its customers value its expertise, reliability, and commitment to sustainability. Voith's commitment to decarbonisation, corporate energy, corporate PPA, and renewable energy has positioned the company as a leader in the transition to a low-carbon economy.

✓ Declared Net Zero commitment