Gold producer Pan African Resources has signed a ten-year renewables supply agreement with licensed electricity trader NOA Group Trading for 10% of its total yearly electricity load of 112 GWh. The agreement allows Pan African to source wheeled renewable energy from multiple generation facilities for its Barberton Mines, Evander Mines and Mogale Tailings Retreatment (MTR) operations in the Mpumalanga and Gauteng provinces.
The National Energy Regulator of South Africa (Nersa) has awarded an electricity trading licence to Lyra Energy Trading following a comprehensive process that included public hearings. The licence was officially approved on July 30 and came against the backdrop of a legal challenge by Eskom of Nersa’s approval of six other trading licences in 2024.