Schneider Electric, the leader in the digital transformation of energy management and automation, announced continued progress toward decarbonization for the pharmaceutical and healthcare sectors. Energize, a collaborative partnership among the world’s leading pharmaceutical and healthcare companies and their suppliers, celebrates the second PPA cohort to procure renewable electricity together, following the first cohort announced in fall 2024. This multi-buyer PPA was signed with developer X-ELIO, and the energy sourced from their Lorca Solar Project is expected to be operational by early 2026.

Energize sponsors, Haleon and GSK, and industry suppliers, Gilead Sciences and Thermo Fisher Scientific, have collaborated to execute an aggregated purchase of 245 GWh of renewable energy per year for a 10-year term. This represents an estimated 41,7481 metric tons CO2 avoided per year, or the equivalent of 74,8782 Spanish households’ average annual electricity consumption. Thermo Fisher Scientific served as the lead negotiator supporting the group of companies during the PPA negotiations, which led to a successful combined investment in this long-term supply of renewable electricity.

The largest estimated emissions driver for the pharmaceutical and healthcare sector is the supply chain, which accounts for over 50% of emissions. Twenty-four leading pharmaceutical and healthcare companies sponsor the Energize program, managed by Schneider Electric, to provide renewable electricity education and procurement support at no cost for their suppliers. This support empowers suppliers to make tangible strides toward achieving decarbonization goals.

Recently, Energize celebrated the first multi-buyer PPA for 563.7 GWh of renewable electricity per year for a 10-year term. The success of this industry-wide initiative has proven successful, as evidenced by the progress shown through multiple PPA cohorts investing in a long-term supply of renewable electricity.

About Energize

The Energize program is a supply chain renewables initiative designed and delivered by Schneider Electric Sustainability Business and endorsed by the PSCI.

To learn more, please contact energize@se.com. Read the full press release here.