Rio invests further in renewable energy

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.RioTinto will invest a further A$600m into renewableenergy in the Pilbara mining resources GreenEnergy renewables solar ironore

PERTH – Diversified major Rio Tinto will invest a further A$600-million in renewable energy assets in the Pilbara as part of its efforts to decarbonise its Western Australian iron-ore operations.

Initial funding for Rio’s first major standalone solar farm on the Pilbara coast - a 100 MW solar photovoltaic system and associated transmission infrastructure - has been approved. Construction, which will involve the installation of approximately 225 000 solar panels built to withstand the Pilbara’s cyclonic conditions, is expected to start next year ahead of project commissioning in 2025.

 

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