Namibia’s state-owned utility, NamPower, announced on Monday that it has signed an agreement with two Chinese firms to start building on the country’s largest solar power facility, according to Reuters.
Namibia’s electricity grid, which is now dependent on imports from Zambia and South Africa, will be boosted by the addition of 100 megawatts to its existing 500 megawatt capacity.
Namibia has one of the greatest amounts of solar radiation, making off-grid solar systems a logical choice for providing clean, reliable, and economical electricity. However, one of the most significant barriers to implementing such off-grid solutions for the rural population is a lack of financial resources.
According to estimates, fewer than 10% of rural families have access to electricity (either from the electrical grid or through local power generation); however, up to 60% of Namibians live off the grid.
The German development bank KfW will finance approximately 80% of the 1.4 billion Namibian dollars ($78.33 million) solar power project, with NamPower covering the rest with its own funds.
NamPower’s managing director, Kahenge Haulofu, said the new facility will help stabilise future electricity tariffs, boost economic growth, and improve environmental sustainability.
The construction, which will be managed by China Jiangxi International Economic and Technical Cooperation Co. Ltd. and Chint New Energy Development (Zhejiang) Co. Ltd., is projected to last 18 months, with commercial operations beginning in the second quarter of 2026.
Vodina Sam
Related posts
Reviews
Follow Our Activities On Facebook
2 hours ago
2 hours ago
10 hours ago
21 hours ago
1 day ago
SUBSCRIBE
[mc4wp_form id=”2012″]
Top Reads!
#BigBrotherNaija “Level Up” Week 6
Though last Sunday Sunday was meant to be a “no-eviction” day, it came as a shocker when fake housemate, Modella…
Dating in 2022; Situationships Are Not For The Fainthearted
Situationships are defined as that space between a defined relationship and something other than a friendship. It is a romantic…
20 Questions With Dinta Media’s Visual Storyteller, Chimeremogo Nwoke
Dinta Media is not really just a media production brand but we like to see ourselves as a hub for…
How Are Nigeria’s Small Businesses Coping?
The current rising rate of inflation and other burdens against the Nigerian economy speaks to the realities of the times.
Thrifting Is All The Rave Now, Here’s Why
By Amy Adindu The affordable clothing movement has gained global attention and acceptance as we’re all trying to look like…
#BigBrotherNaija “Level Up” Week 2
Week 2 of the highly watched Nigerian TV show kicked off with an early plot twist. On Sunday, Big Brother…
#BlueTunes: Burna Boy, Omah Lay Top Album Picks For July
July was a promising month for music lovers; from Lizzo’s album titled Special and Imagine Dragons’ Mercury, (Acts 1 &…
#BlueTunes Album Picks For June
Gbagada Express – Boj Bolaji Odojukan, popularly known as BOJ, was raised both in England and Nigeria. He shot to…
“A Creative’s Dream” with Jeff Chinonso
On the 26th of June 2022, Jeff Chinonso hosted his first solo art exhibition. The Augmented Reality exhibition themed “A…
Nigerian API-based company Thepeer raises $2.1 million
Tech infrastructure startup Thepeer has raised a $2.1 million seed round according to a report from TechCabal. Thepeer, a Nigerian…
Dika Ofoma, Ugochukwu Onuoha take on grief in Debut Film “The Way Things Happen”
The twenty-minute film focuses on the loss of a loved one, and how grief changes a person.
Nigerian Startups might just be Crippled by a Recently Leaked bill
Over the years there has been talks of amendment on the 2007 Act of the National Information & Technology Agency (NITDA).
Why We Love Kelechi Amadi Obi
The definition of talent is Kelechi Amadi’s iconic story. Imagine a person who studies law in school, gets called to Bar, and leaves it all for something different and unrelated…Painting!