Under the contract, the company will design, supply and install a new wind monitoring equipment for at the wind farm.

The contract scope includes the installation of an 80m tall lattice mast, instrumentation, a solar panel and a data logger with mobile connectivity, which will together provide verification data for the wind climate around six of 10 turbines that comprise the existing wind farm developed by Rame Energy at the site.

Rame Energy CEO Tim Adams said, "This long standing relationship with Barrick continues to bear fruit for the Company and is testament to the quality of our Engineering Services Division, which leverages our expertise both on a regional and technical basis to provide power solutions to heavy industry and mining in particular."

"We continue to see opportunities, as demonstrated in our recent announcement on Cerro Bayo, where the intelligent use of renewable energy can help address the power pricing and availability issues faced by many industrial consumers in the region, Adams added.

"Our recent acquisition of Beco Solar in the UK clearly bolsters our renewable capabilities in this fuel displacement energy market and we look forward to further announcements in this area as we continue our focus on achieving growth throughout 2014 and beyond."