South Africa: NOA Signs 288 GWh-a-Year Power Deal With Siyanda Bakgatla Mine
NOA will supply 288 GWh of renewable electricity a year to the Siyanda Bakgatla platinum mine. The agreement reflects growing demand for private clean energy among South African mining companies. The deal is expected to help the mine lower energy costs and reduce its carbon footprint. South African energy company. . .
NOA will supply 288 GWh of renewable electricity a year to the Siyanda Bakgatla platinum mine. The agreement reflects growing demand for private clean energy among South African mining companies. The deal is expected to help the mine lower energy costs and reduce its carbon footprint. South African energy company NOA will supply 288 GWh of renewable electricity a year to the Siyanda Bakgatla platinum mine in Swartklip, Limpopo Province. The agreement, announced on July 10, reflects the mining sector's growing reliance on private clean energy contracts to secure reliable power and manage energy costs. According to the partners, the electricity will come from NOA's portfolio of solar and wind power plants, supported by battery energy storage systems. The power will be delivered through South Africa's national grid under a wheeling arrangement, which allows electricity generated at one location to be transmitted to a customer elsewhere on the network. The companies described the agreement as a medium-term contract with an option to extend it. They did not disclose its value, duration, or the expected start date for electricity deliveries. For Siyanda Bakgatla, the agreement is intended to reduce one of its largest operating expenses while improving energy security. Chief Financial Officer Imraan Osman said electricity remains one of the mine's most significant and difficult costs to manage. He added that the agreement would lower energy costs, provide greater supply flexibility, and support the company's efforts to reduce its carbon footprint. Mining companies increasingly turn to private renewable powerThe agreement adds to NOA's growing presence in South Africa's industrial electricity market. In February 2026, the company announced another supply agreement with mining group Sibanye-Stillwater covering about 401 GWh of electricity annually, with an additional flexible allocation of up to 100 GWh. NOA is also developing the 506 MW Khauta solar complex, which will expand its renewable generation portfolio. For South Africa's mining companies, which rank among the country's largest electricity consumers, private renewable power agreements are becoming an increasingly attractive alternative. They offer more predictable electricity costs while helping companies cut greenhouse gas emissions as the industry moves toward cleaner energy sources. Abdoullah Diop