Integrated manufacturer of titanium dioxide pigment, Tronox Holdings, announced that it has entered into a long-term power purchase agreement with the South African independent power producer, SOLA Group. Tronox will be providing 200 MW of solar power to its mines and smelters in the Republic of South Africa. The project is expected to be fully implemented by the fourth quarter of 2023.
Tronox Holdings' Senior Vice President, External Affairs and Chief Sustainability Officer Melissa Zona said, "Tronox's renewable energy project with SOLA Group will reduce our global carbon emissions by approximately 13% compared to our 2019 baseline and has the full support of our Board of Directors and senior management."
Chris Haw, Director and co-founder at the SOLA Group said, "We are delighted to see that large scale energy consumers like Tronox are making use of the opportunity to convert to clean and cost-effective energy. These types of projects are the fastest way to bring new generation capacity online and not only contribute to closing the electricity supply gap in our country, but also support the much-needed transition to clean energy and modernization of our electricity grid."
The agreement is part of Tronox efforts to meet its publicly announced goal to align with a global warming scenario below 2° C and achieve net zero GHG emissions by 2050.