Kibali, a gold giant in the DRC, is committed to the energy transition and invests in renewable energies

The energy transition is a major topic in the current global context, and many companies are looking to adopt sustainable and environmentally friendly solutions. With this in mind, Kibali, a gold mining giant in the Democratic Republic of Congo, has taken significant steps to turn to renewable energy.

Mark Bristow, Chairman and CEO of Barrick, recently revealed during the press conference held in Kinshasa the various initiatives undertaken by Kibali in this area. The company has invested in the construction of several hydroelectric and solar power plants, in order to fill the energy gap faced by mining companies in the country.

In total, Kibali already has 4 plants in operation. Three of them are hydroelectric power stations, namely Nzoro, Ambarau and Azambi. These plants make it possible to increase the share of hydroelectric energy in the energy mix, with a rate that now reaches approximately 70%. In 2020, Kibali also implemented a grid stabilizer with a battery energy storage system, which increased the use of renewable energy to 79%.

Kibali’s most recent project is the construction of a solar power plant, for which the environmental and social impact study is underway. This plant should be commissioned by 2025 and will make it possible to achieve an even more diversified energy mix.

This transition to renewable energies is excellent news for the Democratic Republic of Congo, which has considerable energy potential. With a hydraulic potential of 100,000 MW, the country is ranked first among African countries and has 13% of the world’s hydropower potential. By encouraging other mining companies to follow Kibali’s example, the DRC could significantly improve access to electricity, especially in rural areas.

This Kibali energy transition project illustrates how essential it is for companies to adopt sustainable practices and take environmental issues into account. It also demonstrates that the Democratic Republic of Congo has untapped potential in terms of renewable energies, and that the development of these energy sources can contribute significantly to its economic and social development.

In conclusion, the energy transition is a priority for many companies, like Kibali in the Democratic Republic of Congo. Investments in renewable energies not only make it possible to fill the energy gap, but also to preserve the environment and contribute to the sustainable development of the country. Hopefully other companies will follow this lead and help build a cleaner energy future that’s kinder to our planet

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