Potential offtaker

Viessmann Group

www.viessmann.de

Estimated electricity consumption

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Viessmann Group is a German company that operates in the HVAC Building Products sector. The company was founded in 1917 by Johann Viessmann and has since grown to become one of the leading manufacturers of heating, industrial, and refrigeration systems in the world. Viessmann Group has a strong focus on sustainability and decarbonisation, and has made significant investments in renewable energy and corporate energy solutions.

Decarbonisation is a key priority for Viessmann Group, and the company has set ambitious targets to reduce its carbon footprint. In 2019, Viessmann Group announced that it would become carbon neutral by 2030, and has since taken a number of steps to achieve this goal. The company has invested heavily in renewable energy, and has installed solar panels on the roofs of its factories and offices. Viessmann Group has also implemented energy-efficient technologies in its production processes, and has reduced its energy consumption by 20% over the past decade.

Corporate energy is another area of focus for Viessmann Group. The company offers a range of energy solutions for businesses, including energy audits, energy management systems, and renewable energy installations. Viessmann Group works closely with its customers to develop tailored solutions that meet their specific energy needs, and has helped many businesses to reduce their energy costs and carbon footprint.

Corporate power purchase agreements (PPAs) are an increasingly popular way for companies to source renewable energy. Viessmann Group has been at the forefront of this trend, and has signed a number of corporate PPAs in recent years. In 2020, the company signed a 10-year PPA with a wind farm in Germany, which will provide renewable energy to power its factories and offices. Viessmann Group has also signed a PPA with a solar farm in Spain, and is exploring opportunities to source renewable energy from other sources.

Renewable energy is a key focus for Viessmann Group, and the company has made significant investments in this area. In addition to installing solar panels on its own buildings, Viessmann Group has developed a range of renewable energy solutions for its customers. The company offers a range of products and services for the generation, storage, and distribution of renewable energy, including solar panels, heat pumps, and energy storage systems.

Viessmann Group's commitment to sustainability and decarbonisation has earned it a number of awards and accolades. In 2020, the company was named one of the world's most sustainable companies by Corporate Knights, and was also awarded the German Sustainability Award for its efforts to reduce its carbon footprint. Viessmann Group has also been recognised for its corporate social responsibility initiatives, including its support for local communities and its commitment to ethical business practices.

In conclusion, Viessmann Group is a leading manufacturer of heating, industrial, and refrigeration systems, with a strong focus on sustainability and decarbonisation. The company has made significant investments in renewable energy and corporate energy solutions, and is committed to becoming carbon neutral by 2030. Viessmann Group's commitment to sustainability has earned it a number of awards and accolades, and the company is widely recognised as a leader in the HVAC Building Products sector.