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
30 November 2023
Negative pricing has become more frequent in European energy markets, and GB markets are now experiencing a similar increase
29 November 2023
Preparations underway for inclusion of cement, aluminium and steel producers in world’s largest compliance market by 2030
28 November 2023
European Commission earmarks cross-border projects for funding and fast-tracks carbon management strategy as pressure grows to kickstart CCS sector
27 November 2023
Progress in decarbonisation but significant challenges lie ahead