Potential offtaker

Rheinmetall AG

www.rheinmetall.com

Estimated electricity consumption

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Countries of production presence

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Rheinmetall AG is a German-based company that operates in the defense sector. It is a leading global player in the supply of military equipment and systems, with a strong presence in Europe, North America, and Asia. The company has a diverse portfolio that ranges from armored vehicles, weapons, ammunition, and defense electronics to services such as training and simulation.

Rheinmetall AG has a long history of innovation and technological advancement in the defense sector. The company is committed to providing its customers with cutting-edge solutions that meet their specific needs. In recent years, Rheinmetall AG has also been focusing on decarbonisation and renewable energy as part of its corporate energy strategy.

One of the key initiatives that Rheinmetall AG has undertaken in the area of decarbonisation is the implementation of a corporate power purchase agreement (PPA) for renewable energy. The company has signed a long-term agreement with a wind farm in Germany to purchase renewable energy at a fixed price. This PPA ensures that Rheinmetall AG has a stable and predictable source of renewable energy, which helps to reduce its carbon footprint and support the transition to a low-carbon economy.

Rheinmetall AG has also invested in renewable energy projects, such as solar and wind farms, to generate its own clean energy. The company has installed solar panels on the roofs of its facilities in Germany, which generate electricity for its operations. In addition, Rheinmetall AG has partnered with other companies to develop renewable energy projects that benefit the local communities where it operates.

Another aspect of Rheinmetall AG's corporate energy strategy is energy efficiency. The company has implemented various measures to reduce its energy consumption, such as upgrading its lighting systems and optimizing its production processes. These efforts not only help to reduce the company's carbon footprint but also result in cost savings and increased competitiveness.

Rheinmetall AG's commitment to decarbonisation and renewable energy is not only driven by environmental concerns but also by business opportunities. The company recognizes that the demand for clean energy and sustainable solutions is growing, and it wants to position itself as a leader in this field. By investing in renewable energy and energy efficiency, Rheinmetall AG is not only reducing its environmental impact but also creating new business opportunities and enhancing its reputation as a responsible corporate citizen.

In conclusion, Rheinmetall AG is a leading player in the defense sector that is committed to decarbonisation and renewable energy. The company's corporate energy strategy includes initiatives such as corporate PPAs, renewable energy projects, and energy efficiency measures. By investing in clean energy and sustainable solutions, Rheinmetall AG is not only reducing its carbon footprint but also creating new business opportunities and enhancing its reputation as a responsible corporate citizen.

✓ Declared Net Zero commitment