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Solar power set to reduce Pan African’s reliance on Eskom by 30%

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The generation of solar power by top-performing gold mining company Pan African Resources is expected to lower reliance on power utility Eskom by 30%, Pan African CEO Cobus Loots said on Wednesday, when the London Aim- and JSE-listed company reported record profit after tax and proposed its highest ever dividend. In response to Mining Weekly on the company’s renewable energy plans, Loots said that as a group, Pan African’s focus is to function off the national electricity grid during daytime hours. (Also watch attached Creamer Media video.)

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