Bosch Signs 3 Long-Term Agreements to Procure Solar Power

PC: Bosch India

Bosch has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall.

Bosch is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall.

Despite the challenging situation due to the current coronavirus pandemic, the firm is pressing ahead with its highly ambitious climate action plans. On the path to climate neutrality, renewables represent a key area where companies can make major adjustments, it stated.

“Climate change isn’t taking a break, so neither are we. By the end of the year, we will achieve our ambitious goal of no longer leaving a carbon footprint,” said Volkmar Denner, the CEO of the Bosch Group. All 400 Bosch locations worldwide will then be climate-neutral. The company’s German sites have been climate-neutral since the end of 2019.

“Our efforts for the energy transition will continue after 2020. Investing in renewables is an important testament to this,” Denner added, explaining that while climate action costs money, doing nothing would be more expensive – especially since investing in energy efficiency also leads to cost savings.

In June, we had reported that the firm had launched its proprietary EV charging network and application (App) –  Charge My EV – that offers electric vehicle (EV) drivers access to around 150,000 (for now) EV charging spots across Europe.

“At the time of writing, drivers can use their smartphones to find more than 150,000 charge spots in 16 European countries. It takes just a few clicks to register, recharge, and pay – including cost transparency,” the firm issued in a statement. It is offering its recharging solutions to private and business customers. And with location-related services, drivers can make better use of the time it takes to recharge.

“With our recharging services, we are developing a universal key to one of the biggest pan-European recharging networks. In doing so, we are making electromobility even more viable,” said Elmar Pritsch, the president of the Connected Mobility Solutions division of Robert Bosch GmbH.