Solar-storage hybrid project to power Sierra Leone gold mine

Facebook
Twitter
LinkedIn
Reddit
Email
A C&I solar plant from CrossBoundary in Kenya. Image: CrossBoundary Energy

Renewable energy financing platform CrossBoundary Energy will develop a hybrid solar PV, battery energy storage system (BESS) and thermal energy project at the Baomahun gold mine in Sierra Leone.

In a partnership with FG Gold, a Sierra Leonean gold mining company, the project will supply around 90% of the mine’s energy demand during daylight hours. CrossBoundary said in a press release that the site will be Sierra Leone’s first large-scale commercial gold mining project and could “become a model for sustainable mining operations”.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

CrossBoundary will finance the development and construction of the project, which will feature 23.8MW of solar PV, 13.8MWh/13MW BESS and a 21MW thermal plant. Construction is expected to begin in Q4 2024.

Matt Fredericks, global head of mining at CrossBoundary Energy, said: “Our innovative hybrid energy solution will not only provide cleaner and more cost-effective power but also set a new standard for sustainable mining practices in Africa.”

James Shoetan, CCO at CrossBoundary added: “The Baomahun Gold Mine project is a landmark in our portfolio and brings our mining portfolio to over US$150M across ten projects. It’s also a testament to our mission to help boost sustainable economic development across African countries such as Sierra Leone.”

In November 2022, CrossBoundary announced a partnership with the Bank of America to explore financing solutions for solar PV and wind developments across Africa. CrossBoundary said that the deal would support its then-pipeline of 225MW of solar and wind capacity and 50MWh of BESS.

There is precedent for decarbonising operations at gold mines. Last month, the Barrick Gold Corporation announced plans for two sites – one in the Democratic Republic of Congo (DRC) and another in Mongolia –  to be paired with solar PV installations. The Canadian miner is facilitating the development at the DRC mine, which will see a 16MW solar PV plant installed, alongside a BESS, in 2025.

2 February 2027
London, UK
Returning in 2027 for its 14th edition, Solar & Storage Finance Europe will bring together the brightest minds representing funds, banks, developers, utilities, government and industry across Europe and the UK on a programme that is solutions-focused from top to tail. The event is designed to enable leaders at the forefront of solar and storage investment and deployment in Europe to scale, learn and land themselves industry defining partnerships.

Read Next

August 18, 2026
Tax credit transfer value in the US rose between the second half of 2025 and the first half of 2026, according to Crux.
August 17, 2026
CIP has closed at around US$3 billion to develop large-scale energy infrastructure projects across emerging markets.
August 17, 2026
Saatvik Solar has signed an MoU with the Government of Odisha for a 3.6GW solar cell manufacturing facility at Gopalpur in Ganjam district.
August 14, 2026
IPP Recurrent Energy has secured US$695 million in financing to support a 330MW solar PV project in California.
August 14, 2026
Mainstream Renewable Power’s 50MW C&I Ilikwa PV Facility in South Africa’s Free State province has reached commercial operation.
August 14, 2026
German solar inverter producer SMA Solar increased its sales and earnings in the first half of 2026 (H1), returning to profit compared with the same period last year.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye