- Chariot Transitional Power in Rustenburg, North West, has made a R1 billion investment in a 40MW solar PV plant for Tharisa Minerals platinum group metals and chrome mine in North West province, South Africa.
- The Buffelspoort Solar Energy project was initiated within the context of the current energy challenges and load shedding, with Tharisa embarking on a journey to improve the stability of its electricity supply by diversifying away from the state utility.
The Chief Executive Officer of Chariot, Mr Benoit Garrivier, says the construction of the solar energy facility is set to start in the second quarter of 2024.
“As an Africa-focused developer and an independent power producer, Chariot’s core mandate is to develop, finance and operate renewable projects in Africa to sell renewable energy to private off-takers. South Africa is an important market for the company because of its size in Sub-Saharan Africa, the abundance of renewable solar resources, the existence of various strong corporate off-takers and a supportive government. Various government initiatives over the last few years have made the South African market ideal,” says Garrivier.
He adds that during the construction period the Buffelspoort Project will create jobs for about 200 people, mainly drawn from the local communities.
Author: Bryan Groenendaal
