Sasol and Akuo Sign Virtual Power Purchase Agreement

Sasol International Chemicals, a business of Sasol Ltd. and Akuo, a leading renewable energy producer and developer, announced the signing of a virtual power purchase agreement (VPPA).

The VPPA will deliver the equivalent of 91 MW, or 250,000 megawatt hours, annually of renewable energy capacity associated with the Tennyson solar farm Akuo is building in Coke County, Texas. This amount is approximately 50% of the annual electricity consumption at Sasol’s Lake Charles Chemicals Complex. Once implemented in the second half of calendar year 2026, the 15-year agreement will reduce Sasol's CO₂ emissions by approximately 90 thousand tons per annum (ktpa).

Akuo already operates two wind farms in Coke County. The new 195MW solar plant will be Akuo’s first solar power plant in the United States. Its construction is expected to involve as many as 400 employees and contractors. It is scheduled to begin operations in the second half of 2026.