Siyanda has recognized the vital need for renewable energy in South Africa, in particular:
- Commitment to lowering its carbon footprint in line with global practices
- Lowering its reliance on the unstable Eskom power grid
- Power pricing protection and stability
Siyanda is accordingly in the process of assessing and implementing three renewable projects as part of its Group renewable drive:
- Embedded PV – Establishment of a c.60 to 100 MW PV solar farm on its own footprint (to be constructed next door to SBPM), and transferred via an Embedded line to reduce grid dependency,
- Wheeled Wind – Partnership with an IPP to wheel in c.40 – 60MW of wind power via the ESKOM grid.
- Energy Storage – Currently engaging 3rd parties providing storage solutions with advanced discussions to deploy a c.20mw storage solution.
Siyanda has appointed a specialist renewable energy consultant to oversee and advise on the various projects. Specialist consultants have been utilised to ensure that the projects are adequately costed, sized, priced and delivered according to set timetables
These renewable projects are expected to deliver up to 60% of the groups power requirements