Novo Nordisk Says All Production Plants Will Run on Renewable Power by 2020
November 24 2015 - 4:27AM
Dow Jones News
By Dominic Chopping
Danish insulin manufacturer Novo Nordisk A/S (NVO) said Tuesday
it aims to use only electricity from renewable sources at all of
its global production sites by 2020, after it recently joined a
collaborative of global businesses committed to using 100%
renewable electricity.
At present, the company's production sites in Denmark, Brazil
and Japan use electricity from renewable sources and last month its
Tianjin production site in China signed an agreement to purchase
electricity from a windmill farm in Inner Mongolia. Other
production sites in the US, France, Russia, Algeria and Iran will
enter similar agreements in the coming years, it said.
Henrik Wulff, executive vice president and head of Novo Nordisk
Product Supply, said "Switching to renewable electricity makes
sense from both a climate and a cost perspective. As more companies
invest in renewable electricity, the technology is likely to get
even more efficient and less costly."
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter:
@domchopping @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 24, 2015 04:12 ET (09:12 GMT)
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