PWC News
Sunday, February 8, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Rio Tinto Signs Solar and Storage Deal to Power Aluminum Operations – ESG Today

Home ESG Business
Share on FacebookShare on Twitter


Mining large Rio Tinto introduced a brand new cope with renewable power agency Edify Vitality to provide dependable low-carbon electrical energy to energy aluminum manufacturing operations in Queensland, Australia.

Rio Tinto is among the world’s greatest producers and processors of iron ore, copper, aluminum and a spread of different minerals and supplies. The corporate has dedicated to cut back its operational Scope 1 and a couple of emissions by 50% by 2030, and to attain web zero by 2050.

Below two service agreements, Rio Tinto stated that it’s going to buy 90% of the facility and battery storage capability generated by two solar energy stations over 20 years, to assist energy the Boyne aluminum smelter and two refineries within the Gladstone area. Edify Vitality, an Australian renewable power growth and storage funding firm, will construct, personal, and function the tasks.

The settlement is the newest in a collection of large-scale clear power offers by Rio Tinto in Australia, following 2.2 GW of renewable wind and photo voltaic PPAs contracted by the corporate for Gladstone in 2024. Along with the brand new settlement, the tasks will safe a complete of two.7GW of future wind and photo voltaic power for the aluminum operations, the corporate stated, supplying 80% of Boyne smelter’s annual common electrical energy demand, and lowering the smelter’s scope 1 and a couple of emissions by 70%, or 5.6Mt of carbon dioxide equal per yr.

Rio Tinto Chief Government, Australia, Kellie Parker stated:

“These agreements are integral to repowering our Gladstone aluminum operations with inexpensive, dependable and decrease carbon power for many years to come back. For the primary time, we now have built-in essential battery storage in our efforts to make the Boyne aluminum smelter globally cost-competitive, as conventional power sources turn out to be dearer. We proceed to research additional renewable power investments to repower our Gladstone aluminum operations.”

Building of the facility stations is because of start in late 2025, with completion set for 2028. Situated in Central Queensland, the Smoky Creek & Guthrie’s Hole stations will collectively characteristic 600MWac of solar energy and 600MW / 2,400MWh of battery storage, Edify stated.

Edify Vitality Chief Government, John Cole, stated:

“The Smoky Creek & Guthrie’s Hole Photo voltaic Energy Stations ship the newest in photo voltaic, battery and inverter know-how to help Australia’s energy wants. This collaboration is a vital dedication to supporting the sustainable way forward for Australia’s industrial sector. We’re proud to advance Rio Tinto’s targets to repower its Gladstone operations and to play a task within the transition to a low-carbon economic system.”



Source link

Tags: AluminumdealESGOperationsPowerRioSignsSolarStorageTintoToday
Previous Post

3 Stocks to Buy Amid Market Correction Triggered by Trump’s Trade War | Investing.com

Next Post

Sri Lanka crafting new electricity tariff revision as IMF review looms in April | EconomyNext

Related Posts

Canada Drops Zero Emission Vehicle Sales Mandate for Automakers – ESG Today
ESG Business

Canada Drops Zero Emission Vehicle Sales Mandate for Automakers – ESG Today

February 7, 2026
Mundi Ventures Raises €750 Million for Deep Tech & Climate Growth Fund – ESG Today
ESG Business

Mundi Ventures Raises €750 Million for Deep Tech & Climate Growth Fund – ESG Today

February 8, 2026
Japanese startup turns eggshell waste into eco-friendly plastics and paper
ESG Business

Japanese startup turns eggshell waste into eco-friendly plastics and paper

February 7, 2026
Texas Judge Strikes Down Law Blacklisting Investment Firms that “Boycott” Fossil Fuel Companies – ESG Today
ESG Business

Texas Judge Strikes Down Law Blacklisting Investment Firms that “Boycott” Fossil Fuel Companies – ESG Today

February 6, 2026
Meta Inks Solar Energy Purchase Agreement with Zelestra in Texas – ESG Today
ESG Business

Meta Inks Solar Energy Purchase Agreement with Zelestra in Texas – ESG Today

February 5, 2026
Impax Converts Global Sustainable Infrastructure Fund into ETF – ESG Today
ESG Business

Impax Converts Global Sustainable Infrastructure Fund into ETF – ESG Today

February 4, 2026
Next Post
Sri Lanka crafting new electricity tariff revision as IMF review looms in April | EconomyNext

Sri Lanka crafting new electricity tariff revision as IMF review looms in April | EconomyNext

Zonal energy pricing explained

Zonal energy pricing explained

Unexpectedly low February CPI reading cuts inflation

Unexpectedly low February CPI reading cuts inflation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

E-Commerce Will Drive Half Of Europe-5 Retail Sales Growth By 2030
Market Analysis

E-Commerce Will Drive Half Of Europe-5 Retail Sales Growth By 2030

by PWC
February 6, 2026
0

E-commerce is rising once more in Europe-5 and is about to rework retail over the subsequent 5 years to seize...

Google Cloud teams up with telecom giant Liberty Global to deploy Gemini AI across Europe

Google Cloud teams up with telecom giant Liberty Global to deploy Gemini AI across Europe

February 3, 2026
Bank of England raises alarm on jobs as interest rates unchanged 

Bank of England raises alarm on jobs as interest rates unchanged 

February 5, 2026
What’s The Most Likely Stock Market Outcome? – Meb Faber Research – Stock Market and Investing Blog

What’s The Most Likely Stock Market Outcome? – Meb Faber Research – Stock Market and Investing Blog

February 5, 2026
Russian Crypto Mining Firm BitRiver Hit As CEO Arrested In Tax Case

Russian Crypto Mining Firm BitRiver Hit As CEO Arrested In Tax Case

February 3, 2026
Sri Lanka January tourism revenue down 5.6 pct | EconomyNext

Sri Lanka January tourism revenue down 5.6 pct | EconomyNext

February 7, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.