Tronox Has Entered Into A Long-term Power Purchase Agreement With NOA Group For ~497Gwh Of Total Contracted Energy Anticipated To Be Served By Plants With Capacity Over 200MW Of Renewable Wind And Solar Power
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Tronox has entered into a long-term power purchase agreement with NOA Group for approximately 497 GWh of renewable wind and solar energy. The project, expected to be fully implemented by the end of 2027, aims to reduce Tronox's global Scope 1 & 2 greenhouse gas emissions by 12%.
June 06, 2024 | 11:26 am
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Tronox has entered into a long-term power purchase agreement with NOA Group for approximately 497 GWh of renewable wind and solar energy. The project is expected to reduce Tronox's global Scope 1 & 2 greenhouse gas emissions by 12% by the end of 2027.
The agreement signifies a strong commitment to sustainability and renewable energy, which is likely to be viewed positively by investors. The reduction in greenhouse gas emissions can enhance the company's ESG profile, potentially attracting more environmentally-conscious investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100