Gold Fields Limited has received environmental approval for the installation of a 7.3-MW/7.7-MWp solar farm at its Salares Norte gold-silver open pit mine in Chile, according to a resolution issued on Thursday.
The South African gold miner plans to operate the solar farm in conjunction with 22 MW of previously approved diesel generators. The hybridization of solar power and diesel is expected to result in a 10% to 15% reduction in greenhouse gas emissions compared to solely running the 22-MW diesel-fueled plant, as outlined in the resolution.
The estimated investment in the solar project is USD 10 million (EUR 9.4m). Gold Fields will deploy over 14,680 bifacial solar panels to establish the plant within its Salares Norte mine in the Atacama region.
This strategic move aligns with the company's commitment to sustainable practices and environmental responsibility. By incorporating solar energy into its operations, Gold Fields aims to not only enhance its energy efficiency but also contribute to the global drive for reduced carbon emissions.