Bonatti S.p.A.

05/09/2022 | News release | Distributed by Public on 05/09/2022 09:53

Mozambique: ENHL Bonatti signs an EPC contract for the Balama Mine Hybrid Power Project

ENHL Bonatti is pleased to announce it has been awarded the EPC Contract for the installation of a Solar Photovoltaic and Battery System at the Balama Graphite Mine in the Cabo Delgado Province.

The signing of the contract follows the declaration of the Final Investment Decision (FID) by Syrah Resources and Solarcentury Africa, an experienced developer of renewable energy projects. Funding for the project will be provided by CrossBoundary Energy.

The Hybrid Energy System will comprise of a 11.25 MWp Solar Photovoltaic installation, combined with a 8.5 Mw Battery Energy Storage System (BESS) and will be managed by a hybrid power control system. The mine currently relies on diesel power generation and a grid connection is not viable. The hybrid power system will be delivered under a 10-year build-own-operate transfer (BOOT) arrangement and will supply approximately 35% of Balama's site power requirements, allowing for significant operational cost savings and reductions in carbon emissions.

ENHL Bonatti scope of work includes engineering, procurement (excluding free issued materials), construction, commissioning, testing and completion until final acceptance of the entire hybrid plant, on a full turnkey basis. The system is scheduled to enter operation by the end of Q1 2023.

ENHL Bonatti and Solarcentury Africa also signed a separate agreement relating to the operation & maintenance of the Solar PV Facility for a 2-years period, starting from the provisional acceptance date.

This innovative project marks the entrance of ENHL Bonatti and the Bonatti Group in the growing renewable energy market segment in the Southern Africa region.

About ENHL Bonatti: ENHL Bonatti is an incorporated Joint Venture between ENH Logistics (a subsidiary of the Mozambican National Oil Company, ENH) and international contractor Bonatti Group.