- CBE’s Madagascar subsidiary has been contracted to build a 2.5MW solar plus storage plant.
- The hybrid system will power NextSource’s graphite mines in Molo, Madagascar.
CrossBoundary Energy has signed a contract with Canadian mining company NextSource Materials to construct a 2.5MW hybrid solar power plant. The hybrid solar system will power NextSource’s graphite mine operations in Molo. The hybrid system will comprise a 2.5MW solar photovoltaic plant, a 1MWh battery power storage system and a 3.3MW diesel generator capacity. NextSource believes that the plant will meet all the energy needs of the mine, which is set to be commissioned in April next year. In addition, both companies have signed a 20-year PPA, which will reduce both the cost of electricity at the mine and carbon dioxide emissions.
The Molo mine is currently in the first phase of development and contains one of the largest graphite deposits in the World. NextSource has committed to adopting clean energy to ensure that its mining operations are sustainable. CrossBoundary has invested over $100 million in clean energy development across 10 African countries. The company provides over 40MW of solar and wind and 20MWh of energy storage capacity for mines and commercial consumers across the continent. The company recently announced the construction of a 13MW hybrid solar power plant plus storage at the Diogo mineral sands quarries in Senegal.