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Decarbonization project

Lonza US REC agreements with Clearway for Texas solar

This project is announced in United States. The source does not give a quantified reduction for this project.

Status
Announced
Estimated reduction
Not quantified in the source
Countries
United States
Sector
Renewable power
Announced
17 April 2024
Expected start
2026

About this project

The description is as the source gives it.

Lonza entered into multiple long-term Renewable Energy Certificate (REC) purchase agreements with Clearway Energy Group linked to the Texas Solar Nova 1 and 2 solar projects. The agreements provide 235,000 RECs annually starting January 2026, enabling 100% renewable electricity for Lonza's current US facilities. Evidence: "Lonza... has entered into agreements to purchase Renewable Energy Certificates (RECs) from Clearway Energy Group’s (Clearway) recently constructed Texas Solar Nova 1 and 2 projects in Kent County, TX (US). Commencing in January 2026, the agreements will provide Lonza with a total of 235,000 RECs..." — https://www.lonza.com/media-advisories/2024-04-17-14-00

Statuses, countries and reductions are as the public source states them, and may be out of date.

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