meeco, represented by its local joint venture oursun Pacific Limited, will design, engineer and install a 7 MWp sun2live solar system to minimise the polluting emissions of CO2 caused by the commercial utilisation of fossil fuels. The sun2live is meeco’s solar power generation solution for grid-connected and off-grid use, comprising of Tier-One Solar Modules, inverters and mounting systems adapted to the local conditions. The respective Term Sheet for the 7 MWp ground-mounted solar power plant was concluded with Lion One metals Limited, which will subsequently be a 50% shareholder of the SPV through an already agreed buy-in structure.
The Tuvatu gold mine, owned by Lion One Metals Ltd., is located on the west coast of Viti Levu. To operate the gold mine 24 hours per day, oursun Pacific will develop, build and operate a 7 MWp sun2live solar hybrid system in combination with diesel generators with a total production capacity of up to 11 MWp, which assures continuous power supply for 24 hours a day. The sun2live solar system will be built on 4.1 hectares of presently unused lands, which are 3.5 km away from the Tuvatu Gold Project and 17 km from the Nadi International Airport. The estimated annual eco-friendly energy production of the sun2live system will be approximately 10.31 GWh and thus will displace more than 6,000 tons of CO2 emissions per year.
Furthermore, meeco’s intelligent energy management system sun2safe XXL will be installed to manage and to optimise the power production and the energy supply.
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