AngloGold’s Australian Arm Enters 10-Year, 62MW, Hybrid PPA With Pacific Energy

AngloGold’s Australian Arm Enters 10-Year, 62MW, Hybrid PPA With Pacific Energy

AngloGold Ashanti’s subsidiary, AngloGold Ashanti Australia Ltd, has made significant progress in its decarbonization efforts by partnering with Pacific Energy to construct a large renewable energy project in Western Australia.

The project will involve the integration of 62MW of wind and solar generation capacity into the power supply for the Tropicana Gold Mine. The initiative aims to reduce carbon emissions by over 65,000 tonnes annually for the duration of the agreement, contributing to AngloGold Ashanti’s climate goals.

The solution will be integrated into the existing 54MW gas-fired power station at the mine, under a 10-year build-own-operate agreement, with transfer of ownership to AGA at the end of the contract. This new infrastructure will comprise four 6MW wind turbines, each with a hub height of 130m and rotor diameter of 165m, equal to the largest wind turbines in Australia. Approximately 44,100 panels with single access tracking will make up the 24MW PV solar plant. A 14MW battery storage system will back up the wind and solar renewable energy generation.

The project will also lead to a 50% reduction in natural gas consumption at the mine. Pacific Energy will oversee the construction and operation of the renewables project, which will include wind turbines, solar panels, and a battery storage system.

The completion of the project is expected in early 2025, with construction set to begin in the latter half of this year.

Source: PRESS RELEASE

Image (Tropicana, Australia): AngloGoldAshanti



2023-07-10T16:59:25+00:00