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Home » Padenga to save US$750k annually in solar transition
Companies & Markets
Padenga to save US$750k annually in solar transition
written by
Almot Maqolo, Staff Writer
June 26, 2025
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Group chief financial officer Oliver Kamundimu told to The Financial Gazette that the solar power plant at Pickstone Peerless Mine is progressing as planned.
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PADENGA Holdings (Padenga) says it will save approximately US$750 000 per year in energy costs from the installation of a solar power facility at its Pickstone Peerless Mine.This comes as Padenga is adopting renewable energy sources, mainly solar, and implementing energy-efficient technologies to reduce its carbon footprint and operating costs.Due to persistent electricity cuts nationwide,…
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