Sappi, Enpower Finalize Energy Deal

Key Figures & Findings: Sappi Southern Africa and Enpower Trading have reached a financial close on a 175GWh per annum renewable energy PPA spanning five years, with power supplied by SunCentral. Sappi’s Science-Based Targets This milestone reflects private-sector confidence in clean power and aligns with SDG7: Clean Energy. Graeme Wild, CEO of Sappi SA, called it a landmark achievement, while James Beatty, CEO of Enpower Trading, highlighted its role in decarbonization and energy security.

Statistics & Insights: The agreement will cut Sappi SA’s Scope 1 emissions by 6% and Scope 2 by 4%, aligning with Sappi’s Science-Based Targets (SBTI) for net-zero emissions. The SunCentral PV project will power multiple industrial operations, improving grid reliability and reducing fossil fuel dependence.

Future Implications: The deal could serve as a blueprint for private-sector-led renewable energy expansion in South Africa, accelerating corporate clean energy transitions and fostering economic growth through sustainable power investments.

Source: Sappi