Novo Nordisk sure it will hit 100% renewables by 2020
Solar farm. Author: iamme ubeyou. License: CC0 1.0 Universal.
Novo Nordisk AS (CPH:NOVO-B) will achieve its goal of going all-renewable by 2020 after investing in a large solar project in the US, the Danish pharmaceutical group said on Tuesday.
The company announced back in 2015 its goal to be using 100% renewables electricity at its global production facilities by 2020. The latest investment moving it closer to that goal is a 672-acre (272 ha) photovoltaic (PV) park in North Carolina, details about which were not provided. The plant will be supplying its entire US operations from the first months of 2020.
Novo Nordisk says it is the first pharmaceutical group in the RE100 programme to switch to 100% renewables. Being that close to reaching the goal, it announced a new target to achieve carbon neutrality across its operations and transport by 2030. This is part of the company's new "Circular for Zero" environmental strategy.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.