Teck Resources committed to renewable energy as it buys B.C. solar farm
Photo courtesy of City of Kimberley
(Kitco News) - Teck Resources (NYSE: TECK) continues to move forward with its commitment to reducing greenhouse gases (GHG) as it promotes the use of renewable energy, purchasing British Columbia's first grid-connected solar farm.
Wednesday, the mid-tier mining company announced that it purchased the SunMine solar energy facility in Kimberley, B.C. Canada from the City of Kimberley for $2 million.
The solar farm is located on Teck's former fully reclaimed Sulivan Mine. The facility has been in operation since 2015 and produces 1.05 megawatts.
"Our involvement with SunMine is part of our commitment to taking action on climate change, advancing renewable energy development, and supporting the global transition to a low-carbon economy," said Don Lindsay, president and CEO of Teck. "SunMine will help us gain firsthand experience with solar power generation as we advance the use of solar power at other operations."
The company noted that since 2011 it has implemented projects and initiatives to reduce GHG emissions at its operations by 289,000 tonnes – the equivalent to taking over 88,000 combustion engine cars off the road. About 81% of Teck's total electricity consumption is from renewable energy sources, the company added.