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Ingevity advances renewable energy efforts in the U.S.
Ingevity Corporation, based in North Charleston, South Carolina, U.S.A., has solidified its commitment to renewable energy. The company recently entered into an agreement with a subsidiary of NextEra Energy Resources, LLC, aiming to produce renewable energy that will reduce carbon emissions at Ingevity’s U.S. manufacturing sites.
This collaboration is a significant stride towards Ingevity’s goal of achieving carbon neutrality in its manufacturing operations by 2050. The company’s sustainability vision encompasses increasing renewable energy use and collaborating with entities like NextEra Energy Resources to enhance renewable energy availability in the U.S.
John Fortson, president and CEO of Ingevity, expressed the company’s dedication to sustainable practices. He highlighted the joint venture with NextEra Energy Resources to develop a solar facility in a high electricity demand region in the U.S. This initiative aligns with Ingevity’s sustainability ethos and is a pivotal step towards achieving carbon neutrality.
As part of the agreement, Ingevity will secure 85 megawatts of capacity at a new solar site in North Texas. This commitment, combined with NextEra Energy Resources’ expertise in renewable energy, promises to provide a significant source of sustainable energy to Texas.
In return for Ingevity’s commitment, the company will obtain and retire renewable energy credits. This move will offset a considerable portion of its carbon emissions from U.S. manufacturing sites, propelling the company closer to its 2050 target.
The solar facility, a joint venture between NextEra Energy Resources and Ingevity, is anticipated to be fully operational by the end of 2025.