26.02.2024 11:24:41 - dpa-AFX: Air Liquide, Sasol Sign New PPAs With Enel JV To Supply Renewable Energy To Secunda Site
ROME (dpa-AFX) - French industrial gases company Air Liquide SA (AIQUY.PK)
and South African energy and chemical company Sasol Limited (SSL) Monday
announced that they have signed new Power Purchase Agreements or PPAs with Enel
Green Power RSA.
The PPAs are for the long term supply of an additional capacity of 110 MW of
renewable power to Sasol's Secunda site in South Africa.
Within the framework of the deal, Enel Green Power RSA, a joint venture between
Enel's renewable arm Enel Green Power and Qatar Investment Authority, will
create a local company, which will build a wind farm located in the Eastern Cape
province.
The renewable energy production facility is scheduled to be operational by 2026.
Air Liquide acquired Sasol's 16 oxygen production units in Secunda and has been
operating them since June 2021.
Air Liquide and Sasol have already signed three sets of PPAs. Together, these
PPAs represent a total renewable power capacity of around 690 MW.
Air Liquide now said these contracts will represent an annual reduction in its
CO2 emissions of around 1.2 million tonnes. They will also contribute to Air
Liquide's targeted reduction by 30% to 40% of the CO2 emissions associated with
oxygen production in Secunda by 2031.
Nicolas Poirot, Chief Executive Officer of Africa Middle-East & India, said,
'These new renewable electricity supply agreements are yet another sign of our
strong joint commitment to decarbonize the production of oxygen in Secunda since
Air Liquide took over Sasol's units in 2021. These long-term contracts will
actively support the development of renewable energy in South Africa, for the
benefit of the country's electrical system and ultimately of the South African
society in the context of a Just Transition.'
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Datum/Zeit |
Diff. |
Diff. % |
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AIR LIQUIDE INH. EO 5,50 |
850133 |
Xetra |
165,760 |
23.08.24 11:04:48 |
+0,780 |
+0,47% |
165,380 |
165,560 |
165,200 |
164,980 |
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ENEL S.P.A. EO 1 |
928624 |
Xetra |
6,695 |
23.08.24 13:37:46 |
+0,082 |
+1,24% |
6,694 |
6,704 |
6,633 |
6,613 |