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Africa|Construction|Electrical|Energy|Mining|Platinum|Power|PROJECT|Solar|Operations
Africa|Construction|Electrical|Energy|Mining|Platinum|Power|PROJECT|Solar|Operations
africa|construction|electrical|energy|mining|platinum|power|project|solar|operations

African Rainbow Minerals solar photovoltaic power project, South Africa – update

Image of solar energy panels

20th September 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
African Rainbow Minerals (ARM) solar photovoltaic (PV) power project.

Location
North West, South Africa.

Project Owner/s
Sola Group and African Rainbow Minerals (ARM).

Project Description
The project will wheel about 100 MW of PV power to ARM Platinum’s mining operations – Two Rivers, Bokoni and Nkomati mines.

The power purchase agreement (PPA) is expected to generate an estimated 490 0000 MWh of renewable electricity and prevent the emission of 4 800 000 t of carbon dioxide equivalent over 20 years.

Potential Job Creation
Not stated.

Capital Expenditure
R2.5-billion.

Planned Start/End Date
ARM signed a 20-year PPA with SOLA Group in April 2023. Construction started in July 2023. Electrical energy from the facility is expected to start supply to ARM Platinum’s mining operations in 2025.

Latest Developments
The power plant project is progressing to plan and is on target for the 100 MW of electricity to be delivered to ARM Platinum by August 2025.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
ARM, tel +27 11 779 1300 or email ir.admin@arm.co.za.

Edited by Creamer Media Reporter

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