21st Mar 2022 16:04
Chariot Ltd - Africa-focused transitional energy company - Alongside French renewable energy independent power producer Total Eren, enters a new partnership with mining and metals firm First Quantum Minerals to advance the development of a 30 megawatts solar and wind power project for mining operations in Zambia.
The project is expected to complement and expand Zambia's existing renewable energy capacity and will provide First Quantum Minerals with sustainable power for its mining operations.
"We are very excited to be partnering with FQM and Total Eren on this ground-breaking 430 MW project in Zambia. This project further demonstrates Chariot's commitment to assisting mining companies in Africa transition to renewable energy sources for their operations, with Zambia having an abundance of wind and solar potential. We are delighted to get started on the project, ahead of construction commencing in 2023, and we look forward to providing further updates in due course," said Laurent Coche, executive director of Chariot Transitional Power.
Current stock price: 10.90 pence
12-month change: up 12%
By Dayo Laniyan; [email protected]
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