Coal producer Seriti Resources has started building South Africa\u2019s largest wind farm as the country\u2019s mining industry seeks to cut its reliance on troubled state-owned power utility Eskom.<\/p>\n\n\n\n
South Africa plans to transition to cleaner energy sources from the most polluting fossil fuels but faces the additional challenge of cushioning the blow to communities dependent on coal mines for jobs. <\/p>\n\n\n\n
The 155-megawatt wind farm, 20 kilometres from Seriti\u2019s New Denmark mine, will help smooth that transformation as it creates as many as 800 jobs, according to the company\u2019s head of green energy, Peter Venn.<\/p>\n\n\n\n
While grid capacity is saturated in many parts of the country, the coal-rich province of Mpumalanga has a surplus of connections that can be exploited by the mining sector. <\/p>\n\n\n\n
The new wind farm should be completed in the first quarter of 2026, helping to plug a shortfall as Eskom\u2019s ageing coal-fired plants struggle to meet demand.<\/p>\n\n\n\n
\u201cThere are going to be plenty of projects\u201d to supply power for mines in the area, Seriti Green Chief Executive Officer Venn said in an interview at the Indaba mining conference in Cape Town.<\/p>\n\n\n\n
The Seriti unit plans to build an infrastructure capable of providing 900 megawatts of green energy over the next few years.<\/p>\n\n\n\n
Seriti shareholders Standard Bank and Rand Merchant Bank (RMB) will fund the initial wind project, with the company \u201cleveraging its balance sheet\u201d to start construction in December and order key equipment such as transformers, Venn said.<\/p>\n\n\n\n