Côte d’Ivoire: TotalEnergies and Fortuna Silver Mines support the energy transition with the Séguéla gold mine solar project

Côte d'Ivoire, March 28, 2024 - TotalEnergies has teamed up with Roxgold SANGO SA, a subsidiary of Fortuna Silver Mines Inc., to develop a ground-mounted solar power plant at the Séguéla gold mine, in Côte d'Ivoire.

TotalEnergies is supporting Roxgold SANGO SA in its energy transition with the construction of a 6 MWp (megawatt peak) solar power plant. With an estimated production capacity of around 11.7 GWh (gigawatt-hours) per year, the solar power plant will cover around 30% of the Séguéla mine's energy needs.

TotalEnergies offers attractive energy solutions tailored to all areas of activity, both for the private sector - in particular the mining, cement, retail and agri-food sectors - and for the public sector, to support their decarbonization.

As a major player in the development, construction and operation of solar energy production systems, TotalEnergies supports its industrial and commercial customers in their energy transition by producing renewable electricity directly on their sites.

Fortuna Mines Silver Inc.'s decision to supply its Séguéla mine with photovoltaic solar energy is in line with its overall objective to reduce Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 15% by 2030 for all its operations and projects, compared to the "Business as Usual" forecast GHG emissions in 2030 if no intervention measures were taken, while keeping energy costs under control. This 2030 target also underlines the Group's commitment to supporting the global ambition of reducing greenhouse gas emissions to net-zero by 2050 by investing in technology, energy efficiency initiatives and renewable energies.

Almoktar ALLAHOURY, Country Chair TotalEnergies Côte d'Ivoire, says "this partnership with Roxgold SANGO SA, encouraged by  Ivorian regulation, underline the effectiveness of our collaboration since 2016 via our Marketing & Services subsidiary. It illustrates our commitment towards a virtuous multi-energies strategy."

Peter Hansen, Fortuna Silver Mines Sustainable Development Director, West Africa, says he is "delighted to have TotalEnergies as a world-class partner to deliver this first large-scale solar project on a mine in Côte d'Ivoire, and proud that this project can contribute to both Côte d'Ivoire's and the company's GHG emissions reduction, while creating economic and sustainable development opportunities for the country and local stakeholders."

Hamady Sy, Director of TotalEnergies Renewables Distributed Generation Middle East & Africa (DG MEA), says "coping with the growing need for energy while reducing greenhouse gas emissions is a challenge that we must take up jointly with our customers, stakeholders and society. With this project, TotalEnergies is participating in the development of photovoltaic solar energy in Côte d'Ivoire, and hopes to encourage other companies to move toward renewable energy."

 

Photo caption: officials from TotalEnergies, Fortuna Silver Mines Inc. and Roxgold SANGO SA

 

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TotalEnergies and electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building a world class cost-competitive portfolio combining renewables (solar, onshore and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. At the end of 2023, TotalEnergies’ gross renewable electricity generation installed capacity was 22 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, more sustainable, more reliable and accessible to as many people as possible. Active in nearly 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 @TotalEnergies       TotalEnergies           TotalEnergies              TotalEnergies

 

About Fortuna Silver Mines Inc.

Fortuna Silver Mines Inc. is a Canadian precious metals mining company with five operating mines in Argentina, Burkina Faso, Côte d'Ivoire, Mexico, and Peru. Sustainability is integral to all of the company’s  operations and relationships. Fortuna produces gold and silver and generates shared value over the long-term for its stakeholders through efficient production, environmental protection, and social responsibility. For more information, please visit the Fortuna website: www.fortunasilver.com.

 

TotalEnergies Contacts

TotalEnergies Renewables Distributed Generation Middle East & Africa: +91 54 388 65 25 l [email protected] 

Media Relations: +33 (0)1 47 44 46 99 l [email protected] l @TotalEnergiesPR

Investor Relations: +33 (0)1 47 44 46 46 l [email protected]

 

Contacts Fortuna Silver Mines Inc.

Investor Relations: | [email protected] | www.fortunasilver.com | X | LinkedIn | Youtube

 

 

Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).