News Industry

Renewable Energy Deployment Gains Momentum in Africa’s Mining Sector

Renewable Energy Deployment Gains Momentum in Africa’s Mining Sector
Tuesday, 21 October 2025 04:23
  • Voltalia and IFC partner to develop Power-to-Mine renewable projects.
  • Initiative targets off-grid mines and aims to cut fossil fuel reliance.
  • Mining companies increasingly adopt solar and storage to boost autonomy.

French renewable energy firm Voltalia has signed a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to develop sustainable energy solutions for the African mining industry. The agreement aims to identify and deploy Power-to-Mine renewable energy projects to reduce the sector’s dependence on fossil fuels and improve power reliability in remote or underserved areas.

Voltalia’s statement did not specify investment amounts or the countries selected for initial projects but indicated that the initiative will focus on short- and medium-term rollouts emphasizing reliable supply and reduced mining-related emissions.

The partnership aligns with a broader shift across Africa, where mining companies are increasingly seeking energy autonomy while cutting costs. This trend is particularly strong in Southern, Western, and Central Africa.

In the Democratic Republic of Congo, for instance, Kamoa Copper and CrossBoundary Energy recently signed a power purchase agreement for a hybrid system combining 222 MWp of solar and 526 MWh of storage. The facility will deliver 30 MW of steady renewable power to the Kamoa-Kakula copper mine, showcasing how solar energy coupled with storage can now replace diesel generators and provide consistent supply in isolated regions.

As the mining industry embraces sustainability amid fragile grid infrastructure and expanding solar capacity supported by storage, Africa’s mineral sector is gradually aligning with the global energy transition. The Voltalia–IFC partnership marks another strong signal of that shift.

On the same topic
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
President Félix Tshisekedi ordered the launch, within 30 days, of an audit covering the entire mining revenue chain, from physical shipments to...
Tullow plans six wells at Jubilee in 2026, with four coming online in months Ghana’s oil output has fallen for six straight years, with Jubilee...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
03

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
04

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
05

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.