Swiss generic and biosimilar medicine pharmaceutical company Sandoz announced that it has signed a new 10-year virtual Power Purchase Agreement (PPA) with Elawan Energy for new-build solar projects in Spain, anticipated to cover the vast majority of Sandoz’s electricity use in Europe.
Under the new partnership, Sandoz and Elawan Energy will jointly develop solar projects with a total installed capacity of 150 MW. Once operational, the initiative is expected to supply nearly 90% of the electricity demand for Sandoz’s European operations, which account f…
