South Africa: Tharisa Mine to Construct 40MW Solar PV Plant

  • Platinum miner, Tharisa, listed on the Johannesburg and London stock exchanges has announced that it has entered into an MOU with Total Eren and Chariot Energy Group, for the development of a 40MW solar PV project at their Tharisa Mine, located in the south-western sector of the Bushveld Complex, 35km east of Rustenburg, South Africa.

The MoU, which is a precursor to the signing of a long-term Power Purchase Agreement (‘PPA’) for the supply of electricity on a take-or-pay basis, envisages the Partners develop, finance, construct, own, operate and maintain a solar photovoltaic project for power supply to the mine. The project is anticipated to initially provide 40MW peak , with demand expected to increase over the life of the Tharisa Mine, adequately covering Tharisa Mine’s current energy requirements.

On 29 September 2021, Tharisa outlined its commitment to reduce its carbon emissions by 30% by 2030 and become net carbon neutral by 2050. The reduction of the use of grid power by the Tharisa Mine will be accelerated through the implementation of this and other renewable energy projects.

Tebogo Matsimela, Head of ESG at Tharisa, commented:

“Tharisa plays a significant part in the global energy transition movement, and we are committed to producing these key metals in a sustainable manner. The solar power solution provided by Total Eren is but one of several steps we are taking to ensure our flagship Tharisa Mine, which has a life of mine of over 50 years, has a reduced carbon footprint. Our goal is to reduce our carbon emissions by 30% by 2030 and ultimately become net carbon neutral by 2050.

Projects such as this solar development, are achievable with the commitment from our Company as well as the commitment from our partners in this venture. We challenge all our business partners to implement initiatives that will ensure that we will make our planet a better one for all, while providing sustainable returns to our stakeholders, community and shareholders.”

Author: Bryan Groenendaal

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