Australian gold mine developer Resolute Mining has awarded Ignite Energy the development of the 40 MW Syama solar hybrid power plant project at the Syama Gold Mine in Mali.
The hybrid project will incorporate a solar photovoltaic plant, battery storage, and heavy fuel oil (HFO) plant replacing the existing 28 MW diesel-fired power plant at Syama.
The project will be financed, owned and operated by Ignite Energy. It will supply power to the mine on a 12-20 year term under a power purchase agreement (PPA) deal with Resolute Mining.
The plant is expected to commence operation by 2020.
Country updates
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December 03, 2018
SMA supplies technology to 50 MW solar PV project in Africa
SMA Solar Technology AG (SMA) will supply 21 SMA Medium Voltage Power Station to the biggest PV power plant in West Africa. In Paris, representatives from SMA and Akuo Energy have now signed contracts...
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November 29, 2018
Resolute Mining to get 40MW solar hybrid power plant for Syama Gold Mine
Resolute Mining has signed a Joint Development Agreement with Ignite Energy for the development of 40 MW independent solar hybrid power plant for Syama Gold Mine in Mali. Ignite Energy take care of t...
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October 17, 2018
50 MW solar project in Mali achieves financial close
Norton Rose Fulbright has announced that it has closed the financing facilities on a 50 MW solar PV plant in Sikasso, Mali for Akuo Energy. The Kita solar farm is the French company's first...
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June 13, 2018
MoU signed for US$1 billion renewable projects in West Africa
Multinational renewables developer Gigawatt Global Cooperatief has signed a Memorandum of Understanding with the Economic Community of West African States (ECOWAS) to invest US$1 billio...
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January 31, 2018
Akuo Energy secures financing for Mali’s second solar park
The Emerging Africa Infrastructure Fund (EAIF) and Akuo Energy have announced the signing of a financing package for a 50 MW solar power project in Mali. The Kita project is Mali’s sec...
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