Sinomine Resource Group (SHE:002738) subsidiary Masvingo Solar Photovoltaic Co. (Private), plans to lease energy storage cabinet equipment to Mumbwa Solar Power Station, according to a Shenzhen Stock Exchange disclosure on Wednesday.

The lease fee costs $30,000 every year and it is valid for two years until March 31, 2027.

The energy storage cabinet, which has a capacity of 3 megawatt hours, will help solve the power supply issues of Mumbwa Solar Power Station's photovoltaic power station.

Mumbwa Solar Power Station is a power station-building subsidiary of the Chinese lithium miner that will be sold to Jindi Solar Power Station Corporation Zambia and Taihao Service Zambia, the disclosure said.