Potential offtaker

Aceros AZA S.A.

Estimated electricity consumption

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Countries of production presence

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Aceros AZA S.A. is a Chilean company that specializes in the production and distribution of steel products. Founded in 1958, the company has grown to become one of the leading steel manufacturers in Chile, with a strong reputation for quality and innovation.

In recent years, Aceros AZA S.A. has made a commitment to decarbonisation and reducing its carbon footprint. This has been driven by a growing awareness of the impact of climate change and the need for companies to take responsibility for their environmental impact. The company has set ambitious targets for reducing its greenhouse gas emissions, and is actively pursuing a range of strategies to achieve these goals.

One of the key strategies being pursued by Aceros AZA S.A. is the adoption of renewable energy sources. The company has invested in a number of renewable energy projects, including wind and solar power, which have helped to reduce its reliance on fossil fuels and lower its carbon emissions. In addition, the company has implemented a range of energy efficiency measures, such as upgrading its lighting systems and improving its insulation, which have further reduced its energy consumption and carbon footprint.

Another important initiative being pursued by Aceros AZA S.A. is the use of corporate power purchase agreements (PPAs) to source renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees a fixed price for the purchase of renewable energy over a specified period of time. By entering into these agreements, Aceros AZA S.A. is able to secure a reliable and affordable source of renewable energy, while also supporting the growth of the renewable energy sector in Chile.

Corporate energy management is another area of focus for Aceros AZA S.A. The company has implemented a range of energy management systems and processes to help it better understand and manage its energy consumption. This includes the use of energy monitoring and reporting tools, which allow the company to track its energy use in real-time and identify areas where improvements can be made. In addition, the company has established an energy management team to oversee its energy initiatives and ensure that they are aligned with its overall sustainability goals.

Overall, Aceros AZA S.A. is demonstrating a strong commitment to decarbonisation and sustainability. By investing in renewable energy and adopting energy efficiency measures, the company is reducing its carbon footprint and contributing to the transition to a low-carbon economy. Its use of corporate PPAs is also helping to drive the growth of the renewable energy sector in Chile, while its focus on corporate energy management is ensuring that it maximizes the benefits of its sustainability initiatives. As such, Aceros AZA S.A. is setting an example for other companies in Chile and around the world, showing that it is possible to achieve both economic success and environmental sustainability.