This paper presents the novel combination of a Pneumatic Power Tower and Solar Power Tower in an Open Pit Mine: called a “Pit Power Tower” (PPT). The paper provides a background for the Pneumatic Power Tower concept and Solar Power Tower design. The PPT concept is presented. Advantages of the PPT and power estimations are presented. PPT components, location, and transmission methods are briefly considered. This paper is intended as a proposal for further research on the concept. Engineering studies are currently being conducted at Northeastern University on the financial and practical feasibility of the Pit Power Tower.