Johannesburg, South Africa – Gold mining company Pan African Resources plc has signed a ten-year renewable energy supply agreement with energy aggregator NOA Group, securing 44 MWac of clean electricity each year to power its operations in Mpumalanga and Gauteng provinces.
The agreement, announced Monday, will deliver approximately 112 GWh of renewable energy annually—enough to meet about 10% of Pan African’s total power needs. The electricity will support core operations, including the Barberton and Evander mines as well as the company’s new Mogale Tailings Retreatment facility.
Lower Emissions, Long-Term Savings
Under the deal, Pan African will receive International Renewable Energy Certificates (I-RECs) to verify the green origin of its power supply. The company also has the option to extend the contract for an additional five years.
The shift is expected to cut the miner’s carbon footprint by roughly 137,000 tonnes of CO₂ annually while delivering long-term cost savings. This initiative builds on Pan African’s existing solar power facilities at its Evander and Barberton operations and forms part of a broader renewable energy strategy, with further developments planned for the Mogale site.
Growing Renewable Footprint in Mining
“We recognise the enormous potential in South Africa’s mining sector, with around 15.8 GW of renewable energy initiatives currently underway,” said Karel Cornelissen, CEO of NOA Group. “Our focus on scalability and tailored energy solutions means we can offer extremely competitive tariffs and help clients meet their ambitious ESG commitments.”
Backed by African Infrastructure Investment Managers (AIIM), NOA Group specialises in aggregating and delivering renewable energy to industrial and commercial customers across South Africa, helping them transition to cleaner power sources.
Part of a Global Trend
The deal reflects a broader shift in the global mining industry toward low-carbon operations and stronger alignment with environmental, social, and governance (ESG) standards. In South Africa, where mining remains one of the largest energy consumers, such agreements are becoming a key driver of both decarbonisation and energy security.
By securing long-term renewable supply at competitive rates, Pan African Resources is positioning itself at the forefront of sustainable mining—aligning profitability with environmental responsibility.
