Solar power will soon be the new standard for powering mining operations, says CEO of Lightsource Renewable Energy, Nick Boyle, adding that solar can lower the energy costs as well as provide stable power for mines.
“It will become more the norm to have solar sitting alongside diesel and batteries as a composite solution in terms of KWh for mine users,” Boyle states.
Energy and Mines recently spoke with Boyle about why mining companies should be interested in deploying solar energy for their operations.
“What we are able to deliver is supply and price security. In our solar scenario, price security comes from knowing all the up-front capex and small ongoing opex, so you really know where you are in terms of costs. You can’t fix that with diesel,” Boyle says. “My business is based on the assumption that people like paying less rather than more and with us we will reduce your electricity price and give you security of supply.”
UK-based Lightsource Renewable Energy is Europe’s leading solar energy developer with decades of experience across its in-house team.
Download the full interview with Nick Boyle, CEO of Lightsource Renewable Energy, below.