Exxaro, Cennergi developing 70 MW solar project in Lephalale

Exxaro, Cennergi developing 70 MW solar project in Lephalale

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Diversified miner Exxaro Resources’ renewable energy subsidiary, Cennergi, will develop the 70 MW Lephalale solar project to supply the Grootegeluk coal mine, near Lephalale, Limpopo. The group announced on Wednesday that Exxaro Coal and Cennergi had concluded a term sheet, setting out material terms upon which a long-term power purchase agreement would be concluded. “This is a significant strategy development milestone, which constitutes a major step towards implementing Exxaro’s decarbonisation plans and progress in the ‘just transition’ journey as well as positively contributing to its environmental, social and governance goals,” said Exxaro MD for energy Roland Tatnall. Cennergi is currently investigating renewable energy solutions for Exxaro’s remaining mining operations and those of several third parties. Cennergi established itself in the local renewable energy sector in 2012 and commissioned two wind projects in the Eastern Cape in 2016, namely Amakhala Emoyeni Wind Farm near Bedford (134 MW) and Tsitsikamma Community Wind Farm (95 MW). These projects contribute 229 MW of renewable energy to the national grid. Further, the acquisition of Tata’s 50% interest in Cennergi resulted in Exxaro assuming 100% ownership of Cennergi effective from April 2020. Cennergi Services manages these assets, plus another nine solar photovoltaic sites. “Through Cennergi, we not only serve an expanding renewable energy market, but we also strive to build real value for our people, the environment, economy and our shareholders,” concluded Tatnall.
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https://www.engineeringnews.co.za/article/exxaro-cennergi-developing-70-mw-solar-project-in-lephalale-2021-09-22/rep_id:4136
CennergiAt Cennergi, we believe that by opening possibilities in renewable energy, we can create new opportunities for our clients, communities, and stakeholders. Through innovation and the application of our extensive experience, we create cleaner energy and contribute to a more sustainable world. Cennergi is a locally-owned, Level 2 B-BBEE, proudly South African renewable energy company. We started in 2009, borne of a uniquely South African context, and have grown to be one of the largest renewable energy companies in South Africa, developing some of the most innovative and largest private off-take renewable energy projects on the continent. Our vision entails pursuing the goal of being a leading international renewable energy solutions provider by 2030: entering 3 - 5 new markets and adding up to 6 GW of gross generating capacity. Our core focus is to operate as a renewable energy business that promotes a transition to a carbon neutral future. We aim to leverage our unique networks and skill sets to deliver sustainable growth for our clients and communities. We develop, finance, build, own, and operate renewable energy solutions for utility, mining and industrial clients. We engage and partner with clients to identify their needs and develop renewable energy solutions. Our Services subsidiary provides comprehensive third-party asset management services. We are uniquely positioned to make an impact through our history with Eskom, our mining experience through Exxaro, and our established government relationships as a member of both the Minerals and Energy Councils of South Africa. Sustainability is central to our business strategy of bettering lives through renewable energy development. We are committed to environmental stewardship, uplifting our communities, and delivering great financial returns for our stakeholders and local partners by realising our vision of powering a cleaner world. Find out more about us at www.cennergi.com

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