The RREE will have the capacity to generate between 3GW and 5GW of clean electricity over the next ten years.
Under the initiative, EDF Renewables and Anglo American will focus on the development of solar, wind and storage facilities.
Power generated through the RREE ecosystem will be used to meet all Anglo American’s operational electricity requirements in South Africa from renewable sources by 2030.
The move is also intended to provide flexibility to the local electricity supply systems, as well as support the decarbonisation of the country’s energy mix.
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EDF Renewables chairman and CEO Bruno Bensasson said: “The EDF Group is delighted to take a step forward with Anglo American towards this ambitious partnership.
“We are committed to supporting industrial players by providing low-carbon, competitive electricity that substitutes fossil energies and improves wider social and environmental issues.
“This project is also contributing to the country energy’s ambition to further the development of decarbonised energy.
“It is in line with EDF Group’s CAP 2030 strategy, which aims to double its net renewable installed energy capacity worldwide (hydropower included) from 28GW in 2015 to 60GW in 2030.”
Anglo American said that it expects to receive both equity and debt financing for the RREE project from various partners.
The company has already secured a fully renewable electricity supply for all its operations in South America.
Anglo American chief executive Mark Cutifani said: “We are targeting carbon neutrality across our operations by 2040 and we are making good progress.
“Our partnership with EDF Renewables to address our Scope 2 footprint in South Africa complements our FutureSmart Mining programme’s abatement of our Scope 1 emissions through low and zero-emission technologies, including our hydrogen haul truck system, and the development of South Africa’s Hydrogen Valley.”