Anglo American aims to secure a fully renewable electricity supply for all its operations in South Africa by 2030. French renewable energy company EDF Renewables has signed a deal with UK-based mining firm Anglo American to develop a regional renewable energy ecosystem (RREE) in South Africa. The RREE will have the capacity to generate between 3GW and 5GW of clean electricity over the next ten years. Under the initiative, EDF Renewables and Anglo American will focus on the development of solar, wind and storage facilities. Power generated through the RREE ecosystem will be used to meet all Anglo American’s operational electricity requirements in South Africa from renewable sources by 2030. The move is also intended to provide flexibility to the local electricity supply systems, as well as support the decarbonization of the country’s energy mix.
The EDF Group is delighted to take a step forward with Anglo American towards this ambitious partnership. Anglo American said that it expects to receive both equity and debt financing for the RREE project from various partners. The company has already secured a fully renewable electricity supply for all its operations in South America.