Today’s renewable energy news includes announcements from Sibanye-Stillwater, Hekla, EnergyRe, and others.
Sibanye-Stillwater Secures Renewable Power Supply for South African Mines
Sibanye-Stillwater has agreed new renewable power supply arrangements to support its mining operations in South Africa, advancing its decarbonisation and energy cost management strategy. The deal will see clean electricity supplied to multiple sites, reducing reliance on grid power and carbon-intensive generation. The agreement reflects growing industrial demand for renewable energy in South Africa as energy-intensive sectors seek reliable and cost-effective power amid grid constraints. For Sibanye-Stillwater, the move is expected to deliver long-term price stability, lower emissions, and improved operational resilience. The projects will also support the expansion of private renewable generation, contributing to grid relief and job creation. The initiative aligns with South Africa’s energy transition objectives and highlights the role of corporate renewable PPAs in scaling clean power deployment.
Hekla to Purchase Balancing Energy From 60-MWp Budimex Solar Portfolio
Hekla has agreed to purchase balancing energy from 60 MWp of solar PV farms developed by Budimex, strengthening grid flexibility and renewable integration. The arrangement will enable Hekla to manage power imbalances by leveraging generation from multiple solar assets, supporting more stable electricity system operations. The deal highlights the growing importance of balancing and flexibility services as solar capacity expands across Europe. For solar asset owners, such agreements improve revenue optimisation and market participation, while reducing exposure to volatility. For the power system and consumers, the solution enhances grid reliability, efficiency, and renewable penetration. The partnership reflects increasing innovation in power trading and energy management, supporting the scalable growth of solar PV and advancing broader energy transition goals.
EnergyRe Unveils PPAs for 360 MW of Solar Capacity in South Carolina
EnergyRe has unveiled power purchase agreements (PPAs) covering 360 MW of solar photovoltaic capacity in South Carolina, marking a major step in expanding clean energy supply in the US Southeast. The agreements provide long-term offtake certainty, supporting project financing and construction across multiple utility-scale solar sites. The PPAs reflect strong corporate and utility demand for renewable electricity, driven by decarbonization targets and rising power needs. For customers, the projects will deliver reliable, cost-competitive clean power and long-term price stability. For the grid, the additional capacity will enhance energy security and emissions reduction. The development underlines continued investment momentum in US solar, positioning South Carolina as a growing hub for utility-scale renewable energy development.
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