Potential offtaker

Massmart Holdings Ltd


Estimated electricity consumption


Countries of production presence


Massmart Holdings Ltd is a South African company that operates in the Warehouse Clubs sector. The company was founded in 1990 and is headquartered in Johannesburg, South Africa. It is a subsidiary of Walmart Inc., the American multinational retail corporation. Massmart Holdings operates over 400 stores across South Africa and 12 other African countries, including Botswana, Ghana, Kenya, Malawi, Mozambique, Namibia, Nigeria, Tanzania, Uganda, Zambia, Zimbabwe, and Lesotho. The company's stores offer a wide range of products, including groceries, clothing, electronics, and home appliances.

As a major player in the retail industry, Massmart Holdings is committed to decarbonisation and reducing its carbon footprint. The company recognises the importance of sustainability and is taking steps to reduce its environmental impact. One of the ways that Massmart Holdings is achieving this is through the use of renewable energy. The company has invested in solar power systems at some of its stores, which has helped to reduce its reliance on grid electricity and lower its carbon emissions.

In addition to investing in renewable energy, Massmart Holdings is also exploring corporate energy solutions. The company has implemented a number of energy efficiency measures, including the use of LED lighting and energy-efficient refrigeration systems. These measures have helped to reduce the company's energy consumption and lower its operating costs.

Another way that Massmart Holdings is reducing its carbon footprint is through the use of corporate power purchase agreements (PPAs). A corporate PPA is an agreement between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy from the provider. This helps to support the development of renewable energy projects and reduces the company's reliance on fossil fuels.

Massmart Holdings has signed a number of corporate PPAs with renewable energy providers in South Africa. These agreements have helped to increase the amount of renewable energy in the country and reduce the company's carbon emissions. The company has also committed to sourcing 50% of its energy from renewable sources by 2025.

In addition to its commitment to decarbonisation and renewable energy, Massmart Holdings is also committed to social responsibility. The company has implemented a number of initiatives to support the communities in which it operates. These initiatives include supporting local farmers and suppliers, providing training and development opportunities for employees, and supporting education and healthcare initiatives.

Overall, Massmart Holdings is a leading player in the Warehouse Clubs sector in South Africa and is committed to sustainability and social responsibility. The company's investment in renewable energy, corporate energy solutions, and corporate PPAs demonstrates its commitment to reducing its environmental impact and supporting the development of renewable energy projects. As the company continues to grow and expand, it will be interesting to see how it continues to innovate and lead the way in sustainability and social responsibility.

✓ Current offtaker under Corporate PPA's
✓ Declared Net Zero commitment