BHP to take US$780M hit on renewable move – Chile The company announced four new renewable power agreements for the Escondida and Spence operations. It is part of BHPâs goal to shift to 100% renewable energy at the mines from the mid-2020s. âThese new renewable energy contracts will increase flexibility for our power portfolio and will ensure security of supply for our operations, while also reducing costs and displacing CO2 emissions,â BHP Minerals Americas president Daniel Malchuk said. (LINK). BHP to take US$780M hit on renewable move – ChileHIWI042019-10-23T14:59:55+02:00