Renewable energy sources have reached the stage, where they can reduce energy costs as well as emissions, Barrick Gold’s Senior Manager of Energy and GHG, Russell Blades, tells Energy and Mines. “We are seeing a ‘perfect storm’ brewing around renewables. Solar and energy storage are improving in efficiencies and reducing in costs. Renewables are already cost-effective Read More
State-run Coal India Ltd (CIL) is setting aside $758 million for the 2016-17 fiscal year for investments into thermal and solar power generation, according to the company’s latest report. CIL’s plans reportedly consist of installing two 800 MW coal-based power plants in eastern province of Odisha as well as 600 MW of solar systems across four Read More
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 Read More
State-run Coal India Ltd (CIL) is embracing solar power with plans to install 600 MW of solar plants in four states, The Economics Times reported. The announcement is part of the coal mining company’s second phase to develop a total 1,000 MW of renewable energy.
Subsidiary of Vedanta Ltd, Hindustan Zinc Ltd, said it is planning to double its silver output in the next five years, as solar power surges in popularity and silver is becoming a hot commodity for solar panel manufacturers. Hindustan Zinc Ltd is projecting to see its output climb from 500 tonnes in this fiscal year to 1,000 tonnes Read More
