Rio Tinto secures 25-year PPA with European Energy, aiming to reduce carbon emissions by 50%
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Update time : 2024-01-26 16:06:59
Rio Tinto is set to spearhead the development of Australia's largest solar power project, the 1.1GW Upper Calliope Solar Farm, situated near Gladstone. In a significant move towards sustainable practices, Rio Tinto has committed to purchasing all the electricity generated by the solar farm, aiming to supply renewable power to its operations in Gladstone.
The 25-years power purchase agreement (PPA) agreement with European Energy Australia is part of Rio Tinto's commitment to make its aluminium operations on the East Coast sustainable and reduce its direct and indirect emissions by 50 per cent by 2030. This initiative underscores Rio Tinto's commitment to incorporating renewable energy sources and advancing sustainability in its operations.