Total Eren, Chariot to add 40 MWp of solar at Tarisa mine in S Africa
- Cyprus-based chrome as well as platinum miner Tharisa plc (JSE: THA) has actually signed up with forces with France's Total Eren and Africa-focused power company Chariot Ltd (LON: CHAR) to get electricity for a mine in South Africa from a 40-MWp solar project.
The mining group said on Friday it has actually authorized a memorandum of understanding (MoU) for the scheme, which paves the way for authorizing a long-term power acquisition agreement (PPA) for the power off-take. The electricity will certainly be procured for its Tharisa Mine in South Africa's North West District.
Under the arrangement, Paris-based independent power producer (IPP) Total Eren and also Chariot will establish, financing, construct, have as well as operate the photovoltaic (PV) park. The created electrical energy will suffice to cover Tharisa Mine's existing power requirements, while power need at the website is anticipated to enhance in time, the miner explained.
Last year, Tharisa committed to reducing by 30% its carbon dioxide (CO2) discharges by 2030 and also become internet carbon neutral by 2050.
Total Eren as well as Chariot entered a three-year partnership, with an extension choice, in November to jointly originate as well as create wind as well as solar projects for mining customers in Africa.
