- CrossBoundary Energy has completed the acquisition of a 13.9 MWp solar photovoltaic facility at Caledonia Mining Corporation’s Blanket Mine in Zimbabwe.
- The plant meets around 21% of Blanket Mine’s energy needs, providing cost savings and reliable energy.
The solar plant, originally constructed by Caledonia Mining Corporation and commissioned in 2023, has already demonstrated remarkable impact. Since coming online, the facility has generated over 57,000 megawatt-hours of clean electricity, significantly reducing the mine’s reliance on expensive diesel-powered generators.
“The mining sector is essential to economic growth and prosperity in Zimbabwe and beyond; yet, power supply can be a significant barrier to sector growth,” said Tessa Lee, Chief Regulatory Officer at CrossBoundary Energy, during the handover ceremony. “This is where distributed energy resources — such as the Blanket Mine solar plant — can play an outsized role.”
Under the 17-year power purchase agreement, CrossBoundary Energy will handle ongoing maintenance and operations of the plant, allowing Caledonia Mining Corporation to focus on core mining activities while freeing up capital for deployment to other operational priorities.
Author: Bryan Groenendaal
