TROX - Tronox Inks Long-Term Power Purchase Deal With NOA | Benzinga
Tronox Holdings plc (NYSE: TROX) has entered into a long-term power purchase agreement with NOA Group ("NOA"), an integrated energy utility, for roughly 497GWh of total contracted energy. NOA's plants with capacity in excess of 200MW of renewable wind and solar power will serve Tronox's mines and smelters in the Republic of South Africa through fixed and flexible arrangements. The project is expected to be fully implemented by the end of 2027, reducing Tronox's total Scope 1 and 2 greenhouse gas emissions by an additional 12% globally.
The announcement is another testimony of Tronox's ongoing projects and investments aimed at achieving its publicly stated objective of net zero greenhouse gas emissions by 2050. This arrangement is in addition to the 200MW solar power agreement announced in 2022 with SOLA Group ("SOLA"), which was implemented as of April 2024 and is already delivering power to ...