Company will complete early engineering prior to
constructing, owning and operating hybrid power plant to offset 35%
of carbon emissions.
JOHANNESBURG, July 21,
2022 /CNW/ - Enernet Global Inc. ("Enernet"), a
leading hybrid independent power producer, has commenced early
engineering for a hybrid power plant for the Dasa Project currently
under development by Global Atomic Corporation ("GLO"). Upon
completion, Enernet will build, own, operate and maintain the
hybrid power plant at the Dasa site in the Republic of Niger.
The early engineering works include solution optimization,
equipment selection, preliminary design and configuration of the
Sonichar grid network connection. This agreement enables the
parties to engage collaboratively and builds certainty into GLO's
project budget and program. Enernet will complete the early
engineering in late 2022 following which the construction phase of
the power plant is scheduled to begin.
Once operating, the mine will require 12 MW of consistent
power and Enernet will deliver a hybrid power plant including
16 MW solar, 15 MW battery energy storage, a 16 MW
back-up diesel generation plant and advanced controls integrated
with grid power provided by the Niger Government owned Sonichar
utility. The system will provide approximately 35% of power
requirements from renewables, making Dasa one of the greenest
operations in Africa, abating
27,000 tonnes of CO2e per annum.
Enernet is focused on decarbonizing the world's supply chains
and will own and operate a hybrid plant that meets GLO's energy
needs while maximizing renewable generation at no capital cost to
GLO. The project will be delivered by Enernet's Africa team, headquartered in Johannesburg. Enernet also has operations in
Australia, Caribbean and the
Philippines and works across mining, commercial and
industrial, island development and remote community projects.
Stephen Roman, Chairman and CEO
of Global Atomic commented, "Our commitment to a cleaner and
greener environment is absolute. At the Dasa Project, the
flagship of our uranium division, we will produce uranium for
nuclear power generation and to help countries reach their zero
carbon targets. We are committed to develop Dasa as the largest and
highest grade uranium producer in Africa and Enernet will help us to become one
of the mining industry's leaders in low emissions. Enernet's
approach will help reduce our up-front capital costs, support
Niger by engaging its state-owned
utility Sonichar as our primary energy source, introduce solar as a
legacy to the region and utilize our own generators as a backup to
ensure the health and safety of our workers and continuous
operations."
"We are honoured to work with Global Atomic on this journey and
salute their commitment to a low-carbon future. This will be one of
the greenest operations in sub-Saharan Africa," said Paul Matthews, Enernet's CEO. "This is another
big step by our Africa team to
deliver sustainable, renewable projects and drive toward our vision
to decarbonize supply chains around the world."
Matthew Silvester, Enernet's
Director of Development for Africa, added, "We are excited to begin
engineering works, with start-up generation scheduled in 2022 and
the hybrid plant to be delivered in 2023. This marks another major
step towards green generation as a standard in Africa and brings benefits to the customer,
the local community and shareholders."
About Enernet Global Inc
Enernet Global is a distributed energy service provider
that finances, builds, owns and operates microgrids and drives the
adoption of renewable energy, battery storage and energy efficiency
solutions that displace CO2 emissions. Built on the
company's proprietary software platform, Enernet Global's
Energy-as-a-Service offering benefits on and off-grid customers by
providing less expensive, more resilient power solutions at no
capital outlay for customers.
Enernet has operations in Australia, the
Philippines, the Caribbean
and Sub-Saharan Africa, where it focuses on power solutions for
sectors that include island development, mining, commercial and
industrial, remote communities, agriculture, utilities and
hospitality.
About Global Atomic
Global Atomic Corporation (www.globalatomiccorp.com) is a
publicly listed company ("Global Atomic" or the "Company" (TSX:
GLO) (Frankfurt: G12) (OTCQX: GLATF) which provides a unique
combination of high-grade uranium mine development and cash-flowing
zinc concentrate production.
The Company's Uranium Division includes four deposits with the
flagship project being the large, high-grade Dasa Project,
discovered in 2010 by Global Atomic geologists through grassroots
field exploration. With the issuance of the Dasa Mining Permit and
an Environmental Compliance Certificate by the Republic of
Niger, the Dasa Project is fully
permitted for commercial production. The Phase 1 Feasibility Study
for Dasa was filed in December 2021
and estimates Yellowcake production to commence by the end of
2024. Mine excavation began in Q1 2022.
SOURCE Global Atomic Corporation