POST Online Media Lite Edition



 

Rio Tinto partners with Voltalia for renewable solar power at Richards Bay Minerals

Christian Fernsby |
Richard’s Bay Minerals (RBM) will be supplied with renewable solar power through an agreement with international energy company Voltalia and local Black Economic Empowerment (BEE) partners, for its operation in KwaZulu-Natal, South Africa.

Article continues below




Under the agreement, Voltalia will begin construction of the Bolobedu Solar PV renewable energy project in 2023, at a site in the province of Limpopo. The power plant is scheduled to be complete by 2024 and will deliver an annual generation capacity of up to 300GWh.

It will feed into the national power grid to supply RBM’s smelting and processing facilities through a wheeling agreement.

The renewable power supply is expected to cut RBM’s annual greenhouse gas emissions by at least 10 per cent, or 237kt CO2e per year.

Voltalia will work to ensure the Bolobedu Solar PV project creates local employment opportunities for the surrounding communities. A total workforce of more than 700 people is expected during construction, with a workforce of around 50 people once the plant becomes operational.

The project will also provide skills development opportunities for members of the surrounding communities, and a bursary programme for young local learners. In support of South Africa’s growing renewable energy sector value chain, Voltalia will work to source its goods and services locally.

The Bolobedu Solar PV power plant will be 51% black-owned through BEE partners, with a minimum 10% stake going to black women, while the host community will also have a participation.


What to read next

Rio Tinto and Baowu agree to form $2 billion joint venture to develop Western Range
Albania signs deal with Voltalia to build 140 MW solar power park
Voltalia decides to withdraw from Myanmar

Apollo Endosurgery to be acquired by Boston Scientific, enterprise value $615 million

 
Apollo Endosurgery announced it has entered into a definitive merger agreement to be acquired by Boston Scientific in an all-cash transaction with an enterprise value of approximately $615 million.
 
 

Latest

Poland: Criminal group extorted money making advantage of COVID situation
Sibanye-Stillwater begins construction of lithium hydroxide refinery in Finland
Switzerland's GDP grew by 0.2% in Q3 of 2022
Mexico's exports grow 19.5 pct

NEWS

UK: Christmas chaos ahead as Wiltshire parking wardens announce further strikes

Italy: 8 dead, several still missing after deadly Ischia mudslide
South Korea issues return-to-work order to truckers on strike
U.S.: Winter weather conditions for west, severe weather potential for south on Tuesday
World's largest volcano Mauna Loa erupts
WHO renames monkeypox as mpox on racism ground
 

BUSINESS

One in four U.S. workers still fear catching COVID at work, modest winter surge expected

No vessels left Ukrainian ports on November 28 due to adverse weather
Swedish nuclear reactor to be taken off-grid for repairs
UN and ILO must urgently intervene as South Korea weighs forcing striking drivers back to work, says ITF
More internationally educated family doctors on the way to British Columbia
Department of Health in South Africa to conduct feasibility study on implementing solar panels in hospitals
 

Trending Now

One in four U.S. workers still fear catching COVID at work, modest winter surge expected

Sibanye-Stillwater begins construction of lithium hydroxide refinery in Finland

Commission approves €557 million German support to compensate Deutsche Bahn

Apollo Endosurgery to be acquired by Boston Scientific, enterprise value $615 million


POLITICS

Tánaiste announces major change for small Irish companies

Commission approves €557 million German support to compensate Deutsche Bahn
Belgian government offers one-off tax-free bonus
Health minister discusses cooperation with French companies for manufacturing in Libya
Saudi Arabia unveils masterplan for mega Riyadh airport project
EU Parliament insists that EU must freeze funding to Hungary
 

Today We Recommend

One in four U.S. workers still fear catching COVID at work, modest winter surge expected


Highlights 

Apollo Endosurgery to be acquired by Boston Scientific, enterprise value $615 million

AstraZeneca to acquire Neogene Therapeutics for up to $320 mln

Shell to buy Nature Energy in £1.7bn deal


COMPANIES

Bechtel to build Intel's semiconductor manufacturing facilities in Ohio

Biocytogen Pharmaceuticals enters antibody agreement with ADC Therapeutics
BT announces plan for pay rise of up to 16% for all but highest paid
AstraZeneca to acquire Neogene Therapeutics for up to $320 mln
Shell to buy Nature Energy in £1.7bn deal
Africa Data Centres to build its first data centre in Kigali, Rwanda
 

CAREERS

US Foods appoints Dave Flitman as CEO

G Mining Ventures appoints Carlos Vilhena to board
Criterium Energy appoints David Dunlop as director
Arthex Biotech appoints Frédéric Legros as chairman
Promontory Therapeutics appoints Stanley J. Musial as CFO
1NCE expands leadership team in Europe and Asia-Pacific
 

ECONOMY

Trade between Bulgaria, North Macedonia to exceed EUR 1 Bln in 2022

EU trade with Indo-Pacific region
EU green energy product imports in 2021: 15.2 billion euros
Czech Republic: Economic sentiment ticks up in November
Poland: Business sentiment ticks up in November
Italy: Business confidence strengthens in November
 

EARNINGS

Natuzzi Q3 revenue increased 14.5%

CMA CGM Q3 revenue $19.9 billion
G. Willi-Food Q3 sales increased by 16.6%
Deere Q4 net income $2.246 billion
Nordstrom Q3 net loss $20 million
VMware Q3 revenue $3.21 billion
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Colombian minister announces short and medium-term measures to help rural producers affected by winter weather

Third stage of vaccination against classical swine fever starts in Brazilian state Alagoas
Australia's fish stocks stable and steady
Australia pledges AUD 2 million to WTO Fisheries Funding Mechanism
Pesticide sales jump by 17% in Switzerland
Tesco announces close to £14 million of additional support for British egg industry
 

LEADERSHIP

Corporate duty waivers limit organic company growth and innovation

Women buy from women, men buy from women and men
How employee opinion impacts CEO dismissal
Keeping it in family can be good news when it comes to CEOs
Over a third of office workers are hybrid 'misfits'
Proxy advisers have inherent incentive to create controversy, study shows
 

CRIME

Meta Ireland fined 265 mln euros for data breach

Ukraine fines Engie, Shell subsidiaries over Nord Stream 2
New Zealand fines Southland fishing company $40,000
Italy's antitrust fines Edison Energia 3.8 mln euros over unfair practices
FTC secures monetary judgment in deceptive energy savings claims case
Croatian Competition Agency fines dairy processing company PIK Rijeka $13,740 for imposing unfair trading practices
 

Magazine

TRAVEL

Weather-resistant ArtWalk Downtown Billings, Montana

Dual branded Courtyard and Residence Inn by Marriott Hotel opens in Montreal
Candlewood Suites Hotel opens in Aberdeen, Md.
Mount Roraima, Venezuela, 7,671 feet above the forest floor
Llao Llao Resort, an exclusive resort in the middle of nowhere
Abu Dhabi welcomes visitors to discover experiences at their own pace
 

SEA, LAND, AIR

New colorful Porsche 718 Style Edition models

2023 Toyota Prius Prime, solar panel roof and reliability
Volvo EX90, a car with updates
Cessna Citation CJ4 Gen2 jet, pursue your business goals while enjoying journey
GMC first Sierra EV marks turning point
BMW M2, fast beast in small package
 

DESIGN

Patchwork carpets, vintage Persian carpets made with unparalleled skill

Real life wallpapers, perfectly executed
A. Lange & Söhne, men's watches with true Saxonian DNA
Nella Vetrina, luxurious Italian designers bathroom vanities and furniture
Karastan rugs, durable and beautiful
Leather bags for every occasion and every life style
 

GADGETS

Take Elektor Fortissimo and make your own high-end amplifier

RangeXTD, a Wi-Fi extender that actually works
Monitor II A.N.C. headphones, iconic Marshall sound
Zebra TC15, a clever mix of a mobile phone and a computer for business use
Bathroom speakers will make your relaxing even better
NAD 399 amplifier, highly efficient and remarkably powerful
 

HEALTH

Strong recommendation for pyronaridine-artesunate in revised WHO Malaria Treatment Guidelines

Pakistan launches anti-polio vaccination drive to inoculate 13.5 mln children
Ibuprofen and similar NSAIDS can be associated with hastened progression of osteoarthritis symptoms
Virgin Islands community encouraged to prevent antimicrobial resistance
Shionogi seeks Japan approval for COVID-19 vaccine
French doctors warn of antibiotics shortage
 

MEANTIME

Astrophysicists hunt for second-closest supermassive black hole

New European supercomputer inaugurated in Italy
European Space Agency presents new generation of astronauts
NASA selects Rocket Lab to launch TROPICS mission
World's heaviest flying bird heals itself with plants used in traditional medicine
James Webb Space Telescope reveals an exoplanet atmosphere as never seen before