Namibia’s mining industry may witness substantial improvements in sustainability through solar power. Appian Capital Advisory LLP acquired Rosh Pinah Solar Park to supply clean energy to the Rosh Pinah Zinc Corporation, reducing energy costs by 8% over 15 years and cutting carbon emissions significantly. The expansion will enhance the facility’s capacity and promote local energy production, showcasing a significant step toward mining sector decarbonization.
Namibia has a substantial mining sector focusing on uranium, copper, diamonds, and other valuable minerals, which now has the opportunity to reduce its environmental impact through solar energy. Appian Capital Advisory LLP has acquired a majority share in Rosh Pinah Solar Park from Emesco Energy, a strategic step towards decarbonizing its investment initiatives.
This acquisition supports the RP2.0 project by Rosh Pinah Zinc Corporation, aimed at significantly increasing ore production. The solar initiative will supply 30% of the energy necessary for this project and ensures a stable energy cost, allowing the mine to reduce energy expenses by 8% over the next 15 years.
In addition, Appian intends to expand the solar plant’s capacity from 5.4 MW to 16.3 MW, promoting sustainability and reducing annual carbon emissions by 14 kilotons. This impact is comparable to the environmental benefit of planting 20,000 trees, emphasizing their commitment to conservation.
Emesco Energy will maintain operations of the solar facility to support the expansion’s effective execution, utilizing Appian’s experience from similar projects in Brazil. Namibia, which heavily depends on energy imports, can greatly benefit from the increased local energy production stemming from this project.
The integration of solar energy into Namibia’s mining operations signifies a pivotal move toward environmental sustainability. With Appian’s investment in the Rosh Pinah Solar Park, significant cost reductions and carbon emission decreases can be achieved. This initiative exemplifies a model for energy self-sufficiency, contributing to both economic and ecological stability in Namibia’s mining sector.
Original Source: www.energylivenews.com
