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Voltalia will construct a solar PV plant at the Blanket gold mine in Zimbabwe later this year.
- The plant will be built in three phases, with 6.55MWp being built in each phase.
- The power plant is expected to cost about $13 million
Canadian Mining giant Caledonia Mining Corporation has stated that French company Voltalia will commence constructing a solar PV power plant at their Blanket gold mine later this year.
Read also: South African Gold Mining Company Sets Up 10 MW Solar Plant.
The plant will require an investment of $13 million and is expected to be operational in the second quarter of 2022. The plant will be constructed on a 40-hectare site and will be implemented in three phases. Each phase will see the addition of 6.55 MWp capacity with the total capacity being 19.65 MWp
Project developer Voltalia will also install an energy storage system to enable power generation at night. The plant is expected to provide 27 per cent of the mine’s electricity needs. Caledonia raised $13 million for the project via the sale of 597,963 shares in an initial public offering (IPO) on the London Stock Exchange.