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Author: Admin | 2025-04-28
Already been talking with other energy generation project developers about retrofitting crypto mining facilities to help them overcome curtailment issues.“We are hoping to sign up more PPAs to assist more renewable projects in the future,” he said. “We are in discussions with some larger developers. If they can retrofit our mining facilities, then we can free up their generation.“This represents how we transform the negative NEM price into digital storage and assets.”Lumos is looking to retrofit crypto mining facilities at existing solar developments." data-medium-file="https://www.pv-magazine-australia.com/wp-content/uploads/sites/9/2022/10/lumos-mining-600x405.jpg" data-large-file="https://www.pv-magazine-australia.com/wp-content/uploads/sites/9/2022/10/lumos-mining-1200x810.jpg" tabindex="0" role="button" src="https://www.pv-magazine-australia.com/wp-content/uploads/sites/9/2022/10/lumos-mining-600x405.jpg" alt="" width="600" height="405" srcset="https://www.pv-magazine-australia.com/wp-content/uploads/sites/9/2022/10/lumos-mining-600x405.jpg 600w, https://www.pv-magazine-australia.com/wp-content/uploads/sites/9/2022/10/lumos-mining-1200x810.jpg 1200w, https://www.pv-magazine-australia.com/wp-content/uploads/sites/9/2022/10/lumos-mining-768x518.jpg 768w, https://www.pv-magazine-australia.com/wp-content/uploads/sites/9/2022/10/lumos-mining-1536x1036.jpg 1536w, https://www.pv-magazine-australia.com/wp-content/uploads/sites/9/2022/10/lumos-mining-2048x1382.jpg 2048w" sizes="(max-width: 600px) 100vw, 600px">Lumos is looking to retrofit crypto mining facilities at existing solar developments. Image: Lumos Digital MiningThe Whyalla operation has the potential to mine at least 100 bitcoins in a year but Lumos intends to increase the size of the mining facility with construction of a 10 MW solar farm expected to commence in “a couple of months”.Wang said the facility would be built beside the existing 5 MW Whaylla Solar Farm which was developed by Lumos’ sister company Southern Sustainable Electric (SSE).The output of the Whaylla Solar Farm, which was commissioned in 2018, is sold on a merchant basis by the Melbourne-based SSE but the planned 10 MW facility would be used to power an expansion of the crypto mining operation.“We aim to build the most prominent renewable digital mining business in Australia by utilising thriving sustainable energy resources,” Wang said.This content is protected by copyright
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