Potential offtaker

Panvel Farmacias


Estimated electricity consumption


Countries of production presence


Panvel Farmacias is a leading pharmaceutical company based in Uruguay that specializes in the production and distribution of high-quality medicines and healthcare products. With over 40 years of experience in the industry, the company has established itself as a trusted and reliable provider of healthcare solutions to millions of customers across the country.

In recent years, Panvel Farmacias has taken significant steps towards decarbonisation and reducing its carbon footprint. The company recognizes the urgent need to address climate change and is committed to playing its part in the global effort to transition towards a low-carbon economy.

One of the key initiatives that Panvel Farmacias has undertaken is the implementation of a corporate energy strategy that focuses on reducing energy consumption and increasing the use of renewable energy sources. The company has set ambitious targets to reduce its greenhouse gas emissions and has developed a comprehensive plan to achieve these goals.

As part of its corporate energy strategy, Panvel Farmacias has invested heavily in renewable energy sources such as solar and wind power. The company has installed solar panels on the roofs of its facilities, which generate a significant amount of electricity and help to reduce its reliance on fossil fuels. In addition, the company has signed a corporate power purchase agreement (PPA) with a local renewable energy provider, which guarantees a steady supply of clean energy to its operations.

The corporate PPA is a key component of Panvel Farmacias' renewable energy strategy, as it allows the company to purchase electricity directly from a renewable energy provider at a fixed price over a long-term period. This not only helps to reduce the company's carbon footprint but also provides cost savings over the long term.

Panvel Farmacias has also implemented a range of energy efficiency measures across its operations, including the installation of energy-efficient lighting and HVAC systems. These measures have helped to reduce the company's energy consumption and lower its operating costs.

In addition to its energy and decarbonisation initiatives, Panvel Farmacias has also taken steps to promote sustainability and environmental responsibility across its supply chain. The company works closely with its suppliers to ensure that they adhere to strict environmental standards and use sustainable practices in their operations.

Overall, Panvel Farmacias is a company that is committed to sustainability and environmental responsibility. Through its corporate energy strategy, decarbonisation efforts, and commitment to renewable energy, the company is playing a leading role in the transition towards a low-carbon economy. With its focus on sustainability and environmental responsibility, Panvel Farmacias is well-positioned to continue to thrive in the years ahead.

✓ Current offtaker under Corporate PPA's