Mining powerhouse Rio Tinto just inked a 20-year solar power agreement to supply 80% of its Boyne Smelter’s electricity needs. This massive investment will cut the company’s direct carbon emissions by 5.6 million tons annually, setting a powerful example for businesses looking to transition to renewable energy.
Why This Matters
Large corporations are doubling down on solar to cut energy costs and meet sustainability goals. These deals highlight how long-term power purchase agreements (PPAs) can stabilize energy costs and reduce reliance on volatile fossil fuel markets.
What Your Business Can Do
Even if you don’t have the scale of Rio Tinto, commercial solar solutions offer similar benefits, from lower utility expenses to tax savings. Investing in solar now ensures cost stability before electricity prices spike further.
Interested in exploring your options? Commercial-Solar.org provides expert insights to help businesses go solar.