Pan African Resources Plc - Revised Production Guidance for the year ending 30 June 2023 PR Newswire LONDON, United Kingdom, May 26 Pan African Resources PLC (Incorporated
Midtier Africa-focused gold producer Pan African Resources has signed an engineering, procurement and construction (EPC) agreement with renewable energy company Juwi Renewable Energies for an 8.75 MW ac (10.47 MWp) solar photovoltaic (PV) facility at the Barberton Mines’ Fairview operation, in Mpumalanga. Pan African expects the solar facility will provide cost savings of R26-million in year one, before averaging R40-million a year in cost savings over the life of the plant.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) today highlighted what it described as significant progress for its renewable energy.