Date: January 12, 2022
Nagamohr, the precision shaft manufacturer for the automotive industry, has taken a significant step towards sustainability by announcing the signing of a Power Purchase Agreement (PPA) to supply its production facility with 100% green solar energy. Additionally, the company has completed the installation of an extensive, state-of-the-art solar panel system on its roof for self-consumption.
This move by Nagamohr, reflects its commitment to environmental protection and its desire to reduce its carbon footprint. The solar energy PPA will enable the company to obtain clean and renewable electricity to power its daily operations, resulting in a significant reduction in greenhouse gas emissions.
The PPA contract has been signed with a leading solar energy company and guarantees a stable source of solar energy over an extended period. This will not only boost Nagamohr's sustainability, but also reduce its long-term operating costs, providing a significant opportunity to be more competitive.
In a statement, Nagamohr's CEO, Patrick Bosch, expressed his enthusiasm for this sustainable initiative, saying: "We are committed to doing our part in combating climate change and protecting our planet. Transitioning to solar energy is an essential step in that direction. By taking these measures, we not only reduce our carbon footprint but also contribute to the development of a greener and more sustainable economy."
Nagamohr joins a growing number of companies worldwide that are prioritizing sustainability and renewable energy as an integral part of their operations. This effort not only benefits the environment, but also demonstrates Nagamohr's leadership in the automotive industry by embracing innovative and sustainable solutions to drive its future.