Toyota Boshoku America signs long-term renewable energy certificate agreement
In Kentucky, Toyota Boshoku America, Inc. (TBA), a global automotive interior systems supplier, announced that it has signed a 12-year agreement to purchase a portion of the renewable energy certificates (RECs) generated from the recently completed Texas Solar Nova 1 solar farm located in Kent County, Texas. This is the first of a two-phased 452 MW solar complex developed by Clearway Energy Group (Clearway). This 12-year REC agreement provides TBA with RECs generated by the project every year starting in 2026. This is TBA’s first renewable energy procurement at scale in the U.S. and will enable the company to effectively offset 100% of its annual electricity consumption in its U.S. and Canada facilities with renewable energy. This agreement supports TBA’s decarbonization goal to reduce scope 1 and 2 emissions by 100% by 2035.