Sasol and Akuo have signed a virtual power purchase agreement to supply renewable energy to Sasol’s Lake Charles Chemicals Complex in Texas.
The 15-year VPPA covers 91MW of capacity – around 250,000MWh annually – from the 195MW Tennyson solar farm under construction in Coke County by Akuo.
The project is expected to meet around 50% of the Lake Charles facility’s electricity demand and reduce Sasol’s emissions by 90,000 tonnes of CO₂ per year from 2026.
“The increased use of renewable energy is a key lever in operating our facilities in a less carbon-intensive manner,” said Todd Hancock, vice president of US operations at Sasol International Chemicals.
The Tennyson plant is Akuo’s first US solar project and will create up to 400 jobs during construction. Commissioning is scheduled for the second half of 2026.
Akuo already operates two wind farms in Coke County.
Eric Scotto, chairman and co-founder of Akuo, said: “Providing renewable energy directly to businesses seeking to lower their emissions also contributes to long-term value creation by stabilising their energy costs.”
Sasol said the deal aligns with its target to reduce scope 1 and 2 emissions by 30% by 2030.
The company has also made progress on renewables at international sites, with PPAs and green power supply deals in Germany, Italy, China, and Slovakia.
3Degrees advised Sasol on the agreement.
