Tronox Holdings plc, a U.S. titanium products maker, has agreed to procure electricity from more than 200 MW of wind and solar parks for its South African mines and smelters, bolstering its efforts to reduce carbon emissions.
The company announced on Thursday that it will secure approximately 497 GWh of green electricity through a long-term power purchase agreement (PPA) with South African energy company NOA Group Ltd. The contracted power will come from wind and solar photovoltaic (PV) parks scheduled to be commissioned by the end of 2027.
This power off-take deal is expected to help Tronox lower its Scope 1 and 2 greenhouse gas emissions by an additional 12% globally, supporting its target of achieving net zero emissions by 2050. This agreement follows a 2022 PPA with power producer Sola Group for 200 MW of solar energy.
Once the newly-contracted wind and solar capacity is operational, about 70% of Tronox's South African electricity needs will be met by renewable energy.
“Tronox's solar and wind renewable energy agreements with SOLA and NOA will reduce our global Scope 1 & 2 greenhouse gas emissions by 25% compared to our 2019 baseline, marking significant progress on our decarbonization roadmap towards net zero carbon emissions,” said Jennifer Guenther, Tronox's chief sustainability officer.
