Zijin Longjing invests $150M in Suriname gold mine solar-storage project
Zijin Longjing Clean Energy, a subsidiary of Zijin Longjing, announced plans to invest approximately $150 million in a 170 MWp solar and 120 MW/120 MWh storage project at the Rosebel Gold Mine in Suriname, with completion targeted by Q3 2027. The company also disclosed two additional solar-storage investments at the Aurora Gold Mine in Guyana totaling about $81.86 million. All projects will be self-funded.
Reference imageEditorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page reads the event directly, while its address stays stable when the title changes.
- Summary covers the current reports
Cross-source coverage
Reporting timeline
Zijin Longjing Plans $150 Million Investment in Suriname Rosebel Gold Mine Solar-Storage Project
Zijin Longjing Clean Energy Co., Ltd., a wholly-owned subsidiary of Zijin Longjing, announced plans to invest approximately $150 million in the second phase of a solar-plus-storage project at the Rosebel Gold Mine in Suriname. The project will have a capacity of 170 MWp solar photovoltaic and 120 MW/120 MWh energy storage. The company stated that the investment will be self-funded. Zijin Longjing described the project as a key initiative in its dual strategy of 'environmental protection and new energy' and a deepening of its global clean energy deployment. The company expects the project to ensure stable energy supply for the Rosebel Gold Mine, reduce electricity costs, enhance its international market competitiveness and brand influence, expand its clean energy generation business, generate sustainable profit growth, and support the green energy transition in line with global low-carbon trends.
Read sourceZijin Longjing Subsidiary Plans to Build Suriname Rosebel Gold Mine Phase II Solar-Storage Project
Zijin Longjing (600388) announced on September 23 that its wholly-owned subsidiary, Zijin Longjing Clean Energy Co., Ltd., plans to invest in the construction of the Suriname Rosebel Gold Mine Phase II solar-plus-storage project. The project will have a capacity of 170 MWp solar PV and 120 MW/120 MWh energy storage, with a total investment of approximately $150 million. Additionally, the subsidiary plans to invest in two projects at the Aurora Gold Mine in Guyana: a underground mining plant solar-storage project (45 MWp solar + 50 MW/100 MWh storage, $55.24 million) and a processing plant Phase III solar-storage project (15 MWp solar + 20 MW/80 MWh storage, $26.62 million). The announcement was reported by People's Financial Information on September 23.
Read sourceZijin Longjing Plans $26.62M Investment in Guyana Gold Mine Solar-Storage Project
Zijin Longjing Clean Energy Co., Ltd., a wholly-owned subsidiary of Zijin Longjing (600388.SH), announced a planned investment of approximately $26.62 million to build Phase III of a solar-plus-storage project at the Aurora Gold Mine in Guyana. The project will have a capacity of 15 MWp solar photovoltaic and 20 MW/80 MWh energy storage. The company will self-fund the investment. Previously, Zijin Longjing Clean Energy had already commissioned two phases of the project, totaling 46.67 MWp solar and 84.5 MWh storage, with Phase I and Phase II becoming operational in October 2024 and December 2025, respectively. The company stated that the new phase will further enhance its overseas market competitiveness and international brand influence, while expanding its clean energy power generation business scale.
Read sourceShow 2 older updatesHide older updates
Zijin Longjing Plans $150M Solar-Plus-Storage Project for Suriname Rosebel Gold Mine Phase II
Zijin Longjing Clean Energy, a wholly-owned subsidiary of Zijin Longjing (600388.SH), announced on September 23 its plan to invest in the construction of a solar-plus-storage project for Phase II of the Rosebel Gold Mine in Suriname. The project will have a capacity of 170 MWp solar photovoltaic and 120 MW/120 MWh battery energy storage, with a total investment of approximately $150 million to be self-funded by the company. Construction is scheduled to be completed by the third quarter of 2027, and the project is expected to generate approximately 244 million kilowatt-hours of electricity annually.
Zijin Longjing Plans $150M Investment in Suriname Rosebel Gold Mine Phase 2 Solar-Storage Project
Zijin Longjing Clean Energy Co., Ltd., a subsidiary of Zijin Mining Group, announced plans to invest in the construction of the Phase 2 solar-plus-storage project at the Rosebel Gold Mine in Suriname. The project will have a capacity of 170 MWp of solar photovoltaic and 120 MW/120 MWh of battery energy storage, with a total investment of approximately $150 million. The company stated that the funds will be raised through self-financing. The project is part of the company's strategy to pursue clean energy and environmental sustainability. The report was originally published by Shanghai Securities News via China Securities Network.
Read source