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PERTH, W AUSTRALIA, Mar 25, 2011 - (ACN Newswire) - Galaxy Resources Limited (ASX:GXY) is pleased to announce that, together with Swan Energy Pty Ltd ("Swan Energy"), it was awarded the Energy Generation and Distribution Award by the Sustainability Energy Association of Australia. The award ceremony, recognising sustainable energy excellence and innovation, was held in Perth last night.
Galaxy received the award for the installation of state-of-the-art solar tracking technology at its Mt Cattlin project near Ravensthorpe in Western Australia.
Mt Cattlin is the first mine site in Australia to have real-time solar tracking panels as part of its power generating requirements. The solar tracking feature means the solar panels are able to follow the sun in all directions to maximise the power generated and provides 15% more power than a single axis systems.
The Company has 14 giant solar trackers and 2 wind turbines in operation at its Mt Cattlin lithium mine and processing plant, which together generate 226 MWh per year of renewable energy.
The panels and turbine system was designed by Australian renewable energy suppliers Swan Energy.
The wind and solar hybrid system supplements power from Galaxy's 5MW diesel generator, which accounts for, on average, about a sixth of the mine site's daily power. This system also promotes savings in CO2 emissions to the tune of 200 tonnes per year.
Galaxy Resources Managing Director, Iggy Tan, said: "The Company is honoured to be recognised for its renewable energy programme and to be a part of the push to get the mining industry to use more renewable energy for its power requirements."
Contact:
Iggy Tan
Managing Director
Galaxy Resources Limited
Tel: +61-8-9215-1700
Email: ir@galaxylithium.com
Australia Media Contact
Jane Grieve
FD
Tel (office): +61 8 9386 1233
Tel (mobile): +61 488 400 248
Email: jane.grieve@fd.com
Hong Kong Media Contact
Cindy Lung
Strategic Financial Relations Limited
Tel (office): +852 2864 4867
Tel (mobile): +852 9282 4640
Email: cindy.lung@sprg.com.hk
Topic: Awards
Source: Galaxy Resources Limited
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From the Asia Corporate News Network
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