Varo Energy, a Swiss oil refinery operator backed by Carlyle Group and Vitol, is exploring various energy sources to achieve its ambitious climate goals. The company’s top priority is safety, whether in production, refining or office buildings. Varo Energy aims to reach net-zero emissions by 2040 and has already implemented a ground-mounted solar system to supply a significant portion of its electricity needs.
The company operates the only oil refinery in Switzerland and supplies a considerable portion of the country’s petroleum needs. Varo Energy is investing in projects to decarbonize its production processes, reduce CO2 emissions, and explore alternative energy sources like green hydrogen. The company plans to expand its renewable energy projects by building a hydrogen plant in Germany and exploring options for green hydrogen production in other European countries.
Varo Energy is committed to making investments in sustainable fuel production, biofuels, and other technologies that support decarbonization efforts. The company’s approach is pragmatic as it focuses on areas such as e-mobility, hydrogen production, and sustainable aviation fuel. As Varo Energy looks to the future, it plans to adapt its operations to meet customer needs and navigate the complexities of the energy transition.
Overall, Varo Energy’s commitment to sustainability and innovation makes it an exciting player in the energy industry. Its focus on safety and ambitious climate goals sets an example for other companies looking to make positive changes towards a more sustainable future.
