en.Wedoany.com Reported - Power trader Discovery Green has signed a 10-year Power Purchase Agreement (PPA) with forest products company York Timber Holdings.

The agreement will enable 90% of the energy consumption at the Jessievale sawmill in Mpumalanga Province to be supplied by wheeled renewable energy, reducing carbon emissions for the Johannesburg Stock Exchange-listed company.

York Timbers Interim CEO Schalk Barnard stated that this PPA provides long-term cost certainty and positively impacts the company's compliance requirements.

Clean energy is a key component of the company's commitment to internationally recognized standards, including Forest Stewardship Council (FSC) certification requirements and the International Finance Corporation (IFC) Environmental and Social Sustainability Performance Standards.

Barnard added that these standards help maintain critical market access, enhance stakeholder confidence, and support broader sustainable development goals.

Discovery Green Head Andre Nepgen said that York Timbers has joined more than 50 other companies in choosing Discovery Green's energy wheeling platform to achieve its renewable energy targets.

Nepgen added that Discovery Green's generation capacity under development for such clients has exceeded 740 megawatts.

Nepgen noted that this partnership demonstrates their practical ability to support carbon-intensive industries in creating new value pathways through the use of renewable energy, while achieving their sustainable development goals in the process.

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