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Home Natural Resources Mining

SPS-built solar project to power Namibia’s Otjikoto mine

Energy Capital & Power by Energy Capital & Power
February 5, 2024
in Africa, Climate, Energy, Mining, Namibia
Reading Time: 1 min read
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Commercial and industrial solar developer, Sustainable Power Solutions (SPS), is constructing a 10 MW solar project in Namibia.

The solar plant – slated to be operational by the end of 2024 – will supply power to gold producer B2Gold’s Otjikoto Mine – located 300 km north of Windhoek.

Also read: Production resumes at Namibia uranium mine

Developed in partnership with Namibian property development group, Fortitude, and with a capacity to generate 26,360 MWh annually, the project is Namibia’s inaugural wheeling project under the Modified Single Buyer (MSB) framework – a market platform that allows private generators to transact directly.

Unlike traditional power systems which are connected behind the customers electricity meter, the MSB framework enables the project to allocate clean energy directly to the mine.

Also read: Namibia accelerates towards first oil

Through the solar plant, the Otjikoto mine aims to annually offset around 26,360 tons of CO2, aligning with B2Gold’s climate strategy. The initiative not only positions B2Gold’s mine as one of Namibia’s greenest mineral developments but also contributes to the national goal of increasing renewable energy penetration and reducing dependence on imported fossil fuels.

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Source: Energy Capital & Power
Tags: B2Gold’s Otjikoto MineclimateCommercial and industrial solar developerElectricityEnergyMiningNamibiaOtjikoto minerenewable energysolar projectSPS-built solar project to power Namibia’s Otjikoto mineSustainable Power Solutions (SPS)Windhoekнамибияناميبياナミビア纳米比亚
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Energy Capital & Power

Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.

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