Russian arctic mining project to be powered by nuclear energy

Russian civil nuclear shipping and floating nuclear power plant company Atomflot, part of the State-owned Rosatom nuclear group, has signed a preliminary agreement with mining company GDK Baimskaya to provide four small modular reactors (SMRs) to power the miner’s Baimskaya copper and gold development, World Nuclear News has reported. The project is located at a remote site in the Chukotka region of Russia’s far east arctic. (GDK Baimskaya is a subsidiary of KAZ Minerals, itself part of the …
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Engie partners with Scatec for PV support at mine-based hydrogen plant

Renewable energy company Scatec Solar has signed a two-year lease agreement with Engie to provide a mobile plug-and-play solar photovoltaic (PV) plant at its hydrogen production plant at Anglo American Platinum’s Mokalakwena mine, in Limpopo.

Scatec launched its Release by Scatec service in September 2019 – a service through which it offers industrial players in emerging markets access to flexible, reliable and low-cost power.

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Local world-record rower joins Solar Capital as South Africa country manager

Renewable energy company Solar Capital has appointed the Row2Rio ocean rower Zirk Botha country manager of its South African operations.

Solar Capital is a subsidiary of the Phelan Energy Group.

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ACWA says investor pitch well received as it gears up for IPO

ACWA Power, one of Saudi Arabia’s main vehicles for building renewable energy projects, said meetings with potential investors ahead of an initial public offering have gone “very well.” The company, half-owned by the kingdom’s sovereign wealth fund, is pushing ahead with an IPO it’s been discussing for years, CEO Paddy Padmanathan said in an interview with Bloomberg TV. Over the next five years, the company will double the amount of power it generates, mostly from renewable sources amid a global shift away from burning fossil fuels, he said.
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