JOHANNESBURG (miningweekly.com) – Cennergi, the wholly owned renewable energy arm of coal mining company Exxaro and South Africa’s second-largest renewable energy company, is being deployed to decarbonise the Johannesburg Stock Exchange-listed company’s own coal mines.
In addition, Exxaro, through Cennergi, is in discussion with other mining companies to bring them green energy from a mining know-how position and help them on their way to significant decarbonisation.
“We’ve been playing in this decarbonising space as a business from as early as 2009 because the net benefit of decarbonisation that comes about by introducing renewables is the part that really sets us into the next phase of our own decarbonisation strategy,” Exxaro CEO Mxolisi Mgojo explained in a Zoom interview with Mining Weekly. (Also watch attached Creamer Media video.)
Exxaro created renewable energy company Cennergi in 2012 and built two renewable wind farms with a combined capacity of 229 MW in the Eastern Cape in 2016.
In 2019, it acquired 100% of Cennergi, which is taking steps to generate 93 MW of renewable energy for Exxaro’s Grootegeluk, Belfast and Matla coal mines.
The net benefit for Grootegeluk alone is going to be a 70 MW renewable energy solution, developed by Cennergi on an arm’s length based contract.
Grootegeluk will be the offtaker with Cennergi helping the large Exxaro coal mine to secure electricity security at lower cost on a reduced carbon footprint.
“That renewable energy solution,...
Read Full Story: https://www.miningweekly.com/article/exxaros-cennergi-to-decarbonise-groups-own-coal-mines-plus-mining-industry-2021-09-21
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