Press Release: Sturdee Energy signs 40MW Wheeling Power Purchase Agreement with Pan African Resource PLC

[Johannesburg, 15 June 2023] – Sturdee Energy, an African Independent Power Producer, is pleased to confirm the signing of a power purchase agreement for 40 MWac of solar power to Pan African Resources PLC (“PAR”), a gold mining company headquartered in South Africa.

The solar power plant has been developed under an innovative approach where multiple buyers are contracted off of one project. The plant has a capacity of 75MWac and PAR will take the first 40MWac that will generate clean energy for their South African mining operations.  It is envisaged that the project will avoid greenhouse gas emissions by an annual average of 159 100 tonnes and significantly lower the energy costs for the mining company.

“We are excited to have Pan African Resources as a key client as we grow our customer base and work with customers to achieve their sustainable energy goals,” said Sturdee’s Executive Director James White.

Pan African Resources Press Release can be accessed at the link below:

https://www.panafricanresources.com/wp-content/uploads/SENS_PAR_Significant-progress-on-renewable-energy-developments_20230515.pdf

Sturdee Energy is an African independent power producer with a track record of developing, owning, and operating over 600 MW of renewable energy projects in South Africa. At Sturdee we are focused and working with South African corporates to assist them in taking the necessary steps towards a greener future through our short and long term power purchase agreement options.

For more information, please contact Sturdee Energy Southern Africa (Pty) Ltd at info@sturdee-energy.com .