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juwi To Construct World s Largest Solar Hybrid Project At An Off-Grid Mine For Centamin In Egypt
The 36 MW solar farm and a 7.5 MW battery-energy storage system will tangibly reduce CO
2 emissions of existing diesel power station.
The Cape Town based subsidiary of German renewable energy specialist juwi AG, signed an agreement with Sukari Gold Mines to design, supply, build and integrate a solar battery hybrid power plant for Egypt’s largest gold mine. Centamin plc owns and operates the mine in partnership with the Egyptian Government. The hybrid power plant is expected to be operational in the second quarter of next year, after which juwi will undertake the plant operation and maintenance.
Heightened Prospects For Iluka Resources
This story features ILUKA RESOURCES LIMITED, and other companies. For more info SHARE ANALYSIS: ILU
Consumption of product derived from mineral sands during the pandemic augurs well for Iluka Resources, although border closures deliver challenges
-Zircon pricing buoyant, likely 2021 deficit
-Pigment inventory levels below average
-Rare earth prospects potentially transformative
By Eva Brocklehurst
Demand for appliances and home building/renovation products during the pandemic has provided one of the less obvious boosts to mineral sands producer Iluka Resources ((ILU)).
Ceramics and paint are the ultimate end products for mineral sands and the company has been a beneficiary of home-oriented consumption. Morgan Stanley notes DIY remains strong in the northern hemisphere heading into the peak spring/summer demand period.