Nordgold to Install Solar Panels at Burkina Faso Mines.
These Financial Solar Myths will keep from you growing
2019-10-20
Compare the best energy solutions with ease.
2019-10-27
Moscow-based gold producer Nord Gold SE have recently announced that a 13-MW solar photovoltaic (PV) farm with battery storage has been installed at the company’s Bissa and Bouly mines in Burkina Faso. The gold mines have been using generators as source of its power for years which resulted to millions upon millions on its power budget each year.
Thank you for reading this post, don't forget to subscribe!The miner, also known as Nordgold on Tuesday said it entered into an exclusive agreement for the project with a consortium comprising French independent power producer Total Eren SA and Africa Energy Management Platform (AEMP), an equity investor based in Mauritius.
Under the terms of the agreement, the consortium is to develop, finance, build and operate the solar-plus-storage system that will supply 100% renewable power for daily operations at the two mines in the country.
Nordgold said construction will commence shortly and will be finalise in the fourth quarter of 2020.
The new power supply system will reduce fuel consumption at the both mine sites by around 6.4 million litres per years, cutting carbon dioxide emissions by some 18,000 tonnes annually.
