Name of the Project
African Rainbow Minerals (ARM) solar photovoltaic (PV) power project.
Location
North West, South Africa.
Project Owner/s
Sola Group and African Rainbow Minerals (ARM).
Project Description
The project will wheel about 100 MW of PV power to ARM Platinum’s mining operations – Two Rivers, Bokoni and Nkomati mines.
The power purchase agreement (PPA) is expected to generate an estimated 490 0000 MWh of renewable electricity and prevent the emission of 4 800 000 t of carbon dioxide equivalent over 20 years.
Potential Job Creation
Not stated.
Capital Expenditure
R2.5-billion.
Planned Start/End Date
ARM signed a 20-year PPA with SOLA Group in April 2023. Construction started in July 2023. Electrical energy from the facility is expected to start supply to ARM Platinum’s mining operations in the 2026 financial year.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
ARM,tel +27 11 779 1300 or email ir.admin@arm.co.za.