Zijin Longjing Plans $150M Solar-Storage Project for Suriname Gold Mine
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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.
Source report
Shanghai, September 23 — Zijin Longjing Clean Energy Co., Ltd., a wholly-owned subsidiary of Zijin Longjing (600388.SH), has announced plans to invest in the construction of the Suriname Rosebel Gold Mine Phase II solar-plus-storage project.
Key details of the project include:
- Installed capacity: 170 MWp solar photovoltaic + 120 MW / 120 MWh energy storage
- Total investment: Approximately USD 150 million, to be self-funded by the company
- Construction timeline: Expected to be completed by the third quarter of 2027
- Estimated annual power generation: Approximately 244 million kWh
The announcement was made via a company filing on September 23.
Source
财联社Eastern