17 Apr 2024
Lonza Signs Multiple Renewable Energy Certificate Agreements in the United States
  • Lonza signs three Renewable Energy Certificate (REC) purchase agreements in the United States (US), supporting the commissioning of additional renewable energy projects
  • The RECs will enable all current Lonza facilities in the US to achieve 100% renewable electricity
  • The agreements reflect Lonza’s continuing commitment to decrease its carbon footprint

Basel, Switzerland, 17 April 2024 - Lonza, a global manufacturing partner to the pharmaceutical, biotech and nutraceutical markets, 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, effectively decarbonizing an equal number of megawatt-hours (MWh) of consumed electricity per year.

This is Lonza’s first REC procurement at scale in the US, and will enable the company to offset 100% of annual electricity consumption at its current US facilities. The REC agreements, along with two other major Power Purchase Agreements (PPAs) previously signed in Europe and China, support Lonza’s ambition to purchase all electricity from renewable sources where available by 2025. Collectively, these agreements mark a significant step forward Lonza’s near-term emission reduction targets which were recently approved by the Science Based Targets initiative (SBTi).

Maria Soler Nunez, Group Head of Operations, Lonza, commented: “We are committed to reducing our environmental footprint, while supporting the commissioning of additional renewable energy projects, thereby directly contributing to a greener and more sustainable future. These long-term REC agreements align with our commitments and targets, representing a significant milestone towards reaching carbon neutrality by 2050.”

“Lonza’s commitment to achieving its sustainability goals is helping power the clean energy transition,” said Valerie Wooley, Senior Vice President of Origination at Clearway. “We’re proud that our solar project in Kent County will help Lonza achieve its goals through a long-term REC agreement.”

The Texas Solar Nova projects utilize cutting-edge bifacial solar collector technology, ensuring efficient conversion and maximum yield of renewable energy. Additionally, the RECs generated from Clearway's solar farms will be listed with the Center for Resource Solutions (CRS), ensuring compliance with all requirements for certification pursuant to the US Green-e Renewable Energy Standard.

A REC is a legal and market instrument issued per megawatt-hour of power, verifying claims of renewable electricity use.

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