French Renewable Producer Akuo Signs Major Solar Deal with South African Chemicals Giant

French Renewable Producer Akuo Signs Major Solar Deal with South African Chemicals Giant

French renewable power producer Akuo has secured a significant 15-year virtual power purchase agreement to deliver 91 MW of solar power to Sasol International Chemicals, a unit of South Africa-based chemicals and energy company Sasol.

The contract, set to commence in the second half of 2026, will deliver 250,000 MWh of clean electricity annually from the 195-MW Tennyson solar farm in Coke County, Texas. This volume will cover approximately 50% of the annual electricity consumption at Sasol’s Lake Charles Chemicals Complex.

Todd Hancock, vice president of US operations at Sasol International Chemicals, emphasized that increased renewable energy use is a key strategy for reducing carbon intensity and meeting the company’s goal of cutting scope 1 and scope 2 emissions by 30% by 2030.

The Tennyson project marks Akuo’s first solar asset in the United States and represents the company’s expanding presence in the American renewable energy market.

Source: renewablesnow.com