Business Maverick: INTERVIEW: Gold Fields’ South African solar project powers ahead, dodges supply-chain, mafia bullets

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Gold Fields’ solar plant project at its South Deep mine in western Gauteng is powering ahead in the face of attempted shakedowns by the procurement mafia. It also got ahead of the supply-chain crunch which will slow the global transition to green energy.

Chris Griffith, Gold Fields’s CEO, says the company’s 40MW solar plant project at South Deep, its last operational asset in South Africa, is ploughing full steam ahead and should be lighting the lights by the third quarter of this year.on the sidelines of the “Investing in African Mining Indaba”, Griffith said Gold Fields had stared down attempts to shake down the project“We did have pressure from local suppliers wanting to supply these things. But in reality they don’t supply them.

“Our panels were coming into the ports early in the year so we got ahead of those issues. Once you place the order it’s not like tomorrow the things arrive. It’s not like going down to Woolies.” And it underscores the need to hasten the pace at which such projects receive regulatory approval. Once that’s in the bag, it’s not like construction can start immediately.– in February 2021 – paving the way for final approval by Gold Fields’ board in May of that year.

 

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