PGE reaches financial close of 100 MW solar plant for Glencore Merafe's ferrochrome smelters
Independent power producer Pele Green Energy (PGE) has reached financial close of the 100 MW Sonvanger solar PV power plant that will provide clean, reliable and sustainable energy for the Glencore Merafe Venture’s ferrochrome smelters in the Free State province.
PGE is the lead sponsor of the Sonvanger plant, which is located 4 km south-west of Theunissen in the Masilonyana local municipality.
“We are very excited to announce this development at Glencore Merafe Venture. This solar project is in keeping with Glencore’s purpose of responsibly sourcing the commodities that advance everyday life and supports the venture’s broader climate strategy,” says Glencore Ferroalloys CEO Japie Fullard.
“Glencore Merafe Venture’s approach with this project has shown a dedicated commitment to addressing its Scope 2 emissions from industrial operations, signifying how sustainable practices are crucial to the future of mining. This partnership underscores a shared vision for a low-carbon future.
“Glencore Merafe Venture’s dedication to reducing its environmental impact and choosing to do so in partnership with a South African IPP demonstrates a joint perspective with our goals at PGE. We are excited to be part of achieving these critical sustainability milestones for this industry," adds PGE CEO Gqi Raoleka.
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