Total Eren and Chariot have signed a Memorandum of Understanding (MoU) with Tharisa plc, the platinum group metals and chrome producer, for the development of a 40 MWp solar photovoltaic (PV) project in the North West Province, South Africa.
The project involves the development, finance, construction, ownership, operation and maintenance of a PV plant for the supply of electricity to the Tharisa mine. The project is initially anticipated to be 40 MWp with demand expected to increase over the life of the Tharisa Mine.
This MoU is the first step towards the implementation of the project and the signing of a long-term Power Purchase Agreement (PPA) for the supply of electricity on a take-or-pay basis.