Telson Mining Corporation Signs Green Energy Agreement for Campo Morado Mine

Telson Mining Corporation Signs Green Energy Agreement for Campo Morado Mine

As of October 31st, the Telson Mining Corporation has signed into effect a 10-year term “take-or-pay” renewable power purchase agreement with solar provider Energia Solar.

This “Green Energy Agreement” will provide electricity to Telson’s Campo Morado mine, an underground multi-metal mine located in Mexico and capable of processing 2,500 tonnes of ore per day.

Telson expects to see significant energy cost-savings through the inclusion of solar power, with the projected cost per kWh expected to be approximately 32% lower than the last nine-month average price paid and approximately 54% lower than September’s kWh price alone.

The addition of Energia’s solar installation, expected to come online by June 2019, will result in an estimated operational cost-saving of CAD$2 million during the first year of operation. It will also ensure that Campo Morado satisfies local regulation that requires the mine to use a minimum of 25% green generated energy. You can read the full story HERE.



2019-02-12T05:22:01+00:00