Eramet and Juwi Secure Funding for Senegal Solar Project

• Eramet and Juwi's €30M solar project in Senegal transforms mining energy, cutting emissions and fueling sustainability—paving the way for a greener future.

Eramet Grande Cote, a subsidiary of French mining firm Eramet SA, and South Africa's Juwi Renewable Energies have finalized financing for a EUR 30 million solar-plus-storage project in Senegal. This initiative will power the Diogo mineral sands mine with a hybrid solution comprising 20 MWp of photovoltaic panels and an 11-MWh battery energy storage system (BESS).

The project aims to meet 20% of the mine's energy needs and to reduce carbon dioxide emissions by approximately 25,000 tonnes annually. By decreasing reliance on heavy fuel oil, the initiative supports Eramet's targets of a 40% CO2 reduction by 2035 and achieving carbon neutrality by 2050, while also contributing to Senegal's goal of lowering greenhouse gas emissions by 7% by 2025.

How will Eramet’s solar-plus-storage project impact emissions and energy needs at Diogo mine?

Impact of Eramet’s Solar-Plus-Storage Project on Emissions and Energy Needs at Diogo Mine

• Energy Independence: By generating 20% of the mine's energy needs through solar power, the project will enhance energy self-sufficiency, reducing dependence on traditional fossil fuels.
• Reduction in Carbon Footprint: The project is projected to cut carbon dioxide emissions by about 25,000 tonnes annually, significantly contributing to climate change mitigation efforts both locally and globally.
• Support for National Goals: The initiative aligns with Senegal's commitment to reducing greenhouse gas emissions by 7% by 2025, showcasing how corporate actions can support governmental environmental targets.
• Long-term Economic Benefits: Transitioning to renewable energy sources can lead to lower energy costs over time, potentially improving operational efficiency and profitability at the Diogo mine.
• Increased Renewable Energy Adoption: This project sets a precedent for renewable energy integration in the mining sector, encouraging other companies in the industry to explore similar sustainable energy solutions.
• Job Creation in Renewables: The construction and maintenance of the solar-plus-storage facilities will likely create jobs in the renewable energy sector, contributing to local economic development and skills training.
• Technological Innovation: The adoption of an 11-MWh battery energy storage system (BESS) will optimize energy usage and showcase innovative energy management strategies that can be replicated in other projects.
• Enhanced Energy Reliability: Incorporating a storage system ensures that energy availability is stabilized, reducing the risk of power outages and providing a consistent energy supply for mining operations.
• Alignment with Eramet’s Sustainability Goals: The project supports Eramet’s broader environmental objectives, including a 40% reduction in CO2 emissions by 2035 and achieving carbon neutrality by 2050, reinforcing its commitment to sustainable mining practices.
• Improvement in Local Air Quality: By reducing the reliance on heavy fuel oil, the project will help lower air pollutants in the region, contributing to better health outcomes for local communities.
• Encouragement for Future Investments: Successful implementation of this project could attract further investments in renewable energy from both public and private sectors, stimulating growth in sustainable infrastructure in Senegal and beyond.