NOA to Power South African Miner SPBM with 288 GWh of Green Energy

NOA will supply 288 GWh of renewable electricity to South African mining company SPBM, marking a significant green energy deal in the mining sector.

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In a landmark agreement for the mining industry, NOA has committed to supplying 288 gigawatt-hours (GWh) of green power to South African mining firm SPBM. The deal, announced on July 10, 2026, underscores the growing trend of industrial operations transitioning to renewable energy sources.

The project expected to significantly reduce the carbon footprint of SPBM's mining activities. While specific financial terms were not disclosed, the agreement highlights the viability of renewable energy for heavy industries in South Africa, which has faced energy supply challenges.

NOA, a renewable energy provider, will source the power from its portfolio of wind and solar projects. The company did not specify the exact generation assets for this contract. SPBM, a miner operating in South Africa, will use the green electricity to power its extraction and processing operations.

This partnership aligns with broader efforts in the mining sector to decarbonize and secure stable, cost-effective energy supplies. South Africa's mining industry has been exploring renewable energy options to reduce reliance on the national grid, which is often strained.

The deal is one of the largest renewable energy procurement agreements in the South African mining sector, signaling a shift toward sustainable practices. Both companies expressed optimism about the partnership's potential to set a precedent for future green energy deals in the region.