Gold miner Resolute Mining Limited has signed a Joint Development Agreement (JDA) with Ignite Energy Projects Pty Ltd to provide a hybrid power solution for Resolute’s Syama Gold Project in Mali.
The 40-megawatt (MW) independent solar hybrid power plant will combine solar, battery, and heavy fuel oil (HFO) technologies and, when operational in 2020, is expected to be the world’s largest off-grid, fully integrated hybrid power plant for a standalone mining operation.
The plant itself will make use of an advanced combination of solar photovoltaic (PV) generation, a battery-based energy management system, and modern HFO generating units that are substantially more efficient than Resolute’s current 28MW diesel-fired power station.
Resolute expects to save around 40% of its power costs as a result of generating power through the solar hybrid power plant at Syama. These savings will aid in Resolute’s aim of a sub-US$750 per ounce all-in-sustaining-cost for the Syama Underground Gold Mine. You can read the full story HERE.