Ineos has committed to net zero by 2050
Ineos signs solar PPA to cut emissions at US plants
Firm to take entire output of new 310MW project in Texas
Petrochemicals producer Ineos O&P USA has signed a renewable energy power-purchase agreement (PPA) that is expected to achieve greenhouse gas emissions reductions of more than 320,000t/yr at its US facilities. The PPA covers the entire output of a new 310MW solar project at Bosque County, Texas, that will be constructed and operated by a subsidiary of US renewables and battery storage company Nextera Energy Resources. Construction is expected to start in Q1 2024, with commercial operation due to begin in December 2025. 320,000t/yr – Expected emissions reductions The project, with an output of 730,000MWh/yr, will cover the net purchased electricity load of all 14 of the Ineos’ US
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
