Gold Mine Hybrid Energy Project – Burkina Faso

• Location: Burkina Faso, West Africa
• Project Type: Solar PV System (Pilot)
• Capacity/Size: 1MW (Phase 1)
• Client/Partner: Gold Mining Operation
• Expected Completion: Feasibility Study Completed, Pilot Project Under Consideration

Key Features & Benefits

• Energy Transition Strategy: The mine currently operates 24/7 on diesel generators, leading to high energy costs and carbon emissions.
• Pilot Project Scope: A 1MW solar PV plant will be deployed as a test case to evaluate performance, savings, and feasibility for a larger-scale implementation.
• Cost Savings:
  • Current LCOE (Levelised Cost of Electricity): US$ 350/MWh
  • Solar PV LCOE: US$ 42/MWh
  • Projected annual savings on fuel expenses are substantial.

• Environmental Impact:
  • 1 828 tons of CO₂ offset annually, contributing to sustainability goals.

• Financial Feasibility:
  • Cost equalisation within 2 years.
  • ROI of 57% per annum, making the transition highly attractive.

Next Steps & Future Expansion

• The pilot project will generate critical operational data to assess the potential for a larger solar PV system.
• A full-scale hybrid plant could significantly reduce operational costs and improve environmental sustainability.

Investment & Collaboration Opportunities

• Local Subcontractor Partnerships: We are open to collaboration with local subcontractors for project execution.
• Investment Opportunities: While the client intends to fund this project through their CAPEX, impact investors seeking exposure to African renewable energy projects can provide alternative funding solutions. This presents an opportunity to support sustainable energy transitions in the mining sector while earning competitive returns.