Zimbabwe Mining Firm To Purchase 180 MW Solar

Japanese-Spanish Renewable Energy Company Univergy International To Team Up With RioEnergy Of Zimbabwean Mining Company RioZim To Develop & Maintain 4 Solar PV Power Plants Of 45 MW Each
05:31 AM (Beijing Time) - 10. December 2018
Univergy International photo

Japanese-Spanish company Univergy International will develop 180 MW solar PV capacity to power Zimbabwe based RioZim's raw material mines. (Photo Credit: Univergy International)

Key Takeaways

  • RioEnergy of RioZim Ltd. will work with Univergy International on 4 solar power plants of 45 MW each in Zimbabwe
  • The 180 MW cumulative capacity will help RioZim power its 4 mines in the country with cheaper solar power
  • RioZim identifies the 4 mines as Renco Mine in Nyajena, Dalny Mine in Chakari, Cam and Motor Mine in Kadoma and Murowa Diamonds Mine in Zvishavane
  • The two companies will develop, build, operate and maintain the 4 solar power plants under a PPA

Zimbabwe based raw materials mining company RioZim Ltd. has hired Japanese-Spanish renewable energy developer Univergy International to work with its group company RioEnergy to set up 4 solar PV power plants with 180 MW cumulative capacity. RioEnergy is active in the generation of power from coal, water and solar energy.

Together, Univergy and RioEnergy will develop, build, operate and maintain the 4 solar power plants with 45 MW capacity each, to power RioZim’s mines in the country.

The mines that will use solar power produced under a power purchase agreement (PPA) are:

  • Renco Mine in Nyajena,
  • Dalny Mine in Chakari,
  • Cam and Motor Mine in Kadoma, and
  • Murowa Diamonds Mine in Zvishavane.

The Zimbabwean company wants to source cheaper power for its mines  – and is looking for this reason at solar power.

The official press statement from Univergy doesn’t give away much about the 4 power plants with regard to construction and commissioning deadlines. Univergy said it has a portfolio of projects in development exceeding 2.6 GW globally.

A September 2018 report from Fitch Solutions Macro Research said that beyond price pressure, mining companies are also always looking at ways to improve their environmental, social and governance standards, which is another reason to opt for renewables. It said that the scope for renewables in the mining industry will continue to grow (see Mining Industry To Go Solar PV & Wind).

Australia’s Resolute Mining announced in November 2018 its decision to replace a 28 MW diesel power plant with a 40 MW solar hybrid plant including energy storage at Syama gold mine in African country Mali (see 40 MW Solar Hybrid Plant For Gold Mine In Mali).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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