Major Renewable Energy Agreement with Etana Energy
Tharisa, a leading platinum and chrome miner, has signed a 15-year renewable energy power purchase agreement (PPA) with Etana Energy. This agreement will supply 44% of Tharisa mine’s energy needs from wind and solar farms in the Western and Northern Cape provinces, starting in 2026.
Lucien Matthews, Executive Special Projects at Tharisa, stated, “This second major renewable energy project is the natural progression in our quest to reduce our reliance on fossil fuel-driven energy. It is a major component of creating the sustainable resources company of the future.”
Enhancing Sustainability and Cost Management
With this new agreement, up to 76% of Tharisa’s energy needs will be met from renewable sources. This move aligns with Tharisa’s commitment to reducing its carbon footprint by 30% by 2030. The renewable energy supplied by Etana Energy will also help Tharisa better manage its power costs, contributing to the company’s overall sustainability goals.
Etana Energy, granted a 25-year energy trading license in May 2022, is one of five companies holding energy trading licenses in South Africa. They have signed several other customer power purchase agreements with various mining ventures and property companies.
Continued Commitment to Green Energy Policies
This agreement follows Tharisa’s previous 15-year supply agreement for solar power from a 40MW plant being constructed by Chariot Transitional Power and TotalEnergies. Tharisa’s ongoing investments in renewable energy reflect the company’s dedication to green energy policies and sustainable developments.
By leveraging solar energy investments and advanced solar technology, Tharisa is positioning itself as a leader in the solar energy market. These strategic developments in energy storage and solar market analysis highlight Tharisa’s proactive approach to energy market trends and green energy policies.
Source：miningmx.com
