Pan African Resources has signed a 10-year renewable energy supply agreement with independent power producer NOA Group Trading, securing 112 GWh per year via wheeling to support mining operations at three sites in Mpumalanga and Gauteng. The agreement includes an option to extend to 15 years.
According to NOA Group Trading, the deal has potential to reduce Pan African Resources’ carbon emissions by approximately 137 000 tonnes of CO₂ per year – verified through international renewable energy certificates.
“This agreement is a continuation of the company’s broader energy strategy,” said Pan African Resources CEO Cobus Loots. “In addition to reducing carbon emissions, these projects will assist in stabilising electricity supply to our South African operations.”
Pan African Resources has already commissioned two embedded generation projects:
1. A 9,975 MWAC solar PV plant at Evander Mines in 2022
2. An 8,75 MWAC plant at Fairview in Barberton in 2024
A 20 MW solar facility is planned for Evander and feasibility work is underway for renewable infrastructure at the Mogale tailings retreatment project.
The power supplied under the NOA Group Trading agreement will be wheeled through Eskom’s transmission network. NOA Group Trading, backed by African Infrastructure Investment Managers, acts as aggregator and developer, sourcing electricity from independent generators for delivery to end users.
Pan African Resources previously commissioned what it describes as South Africa’s first utility-scale distributed generation facility at the Elikhulu tailings retreatment plant, supplying approximately 30% of the site’s power requirements.
