- Namibia’s state-owned energy utility, NamPower, has signed a N$1,4 billion EPC contract for the construction of a 100MW solar project.
- The construction period of the plant is estimated to last approximately 18 months and at peak installation close to 800 workers are anticipated to be on site.
- Commercial operation date is anticipated for the second quarter of 2026.
NamPower and the German Development Cooperation, through the KfW Development Bank signed a loan agreement of N$1,3 billion for the construction of the plant.
The Rosh Pinah 100 MW PV Project will be erected close to the town of Rosh Pinah town in southern Namibia, harnessing the excellent conditions for solar energy power generation in the area. The site lies near the existing Namibian power grid and will thus avoid additional investment costs for new transmission or other enabling infrastructure.
The loan will cover almost 80% of the total cost of the project, while NamPower is funding the remaining 20% from its balance sheet.
“The investment will contribute to managing and regulating future increases in electricity tariffs. This will not only benefit individual consumers by lowering increases to their electricity bills but also contribute to the overall economic growth and environmental sustainability,” Mr Haulofu said.
In addition, the project will create job opportunities for locals, as all as semi-skilled and unskilled labour must be sourced locally in line with the conditions agreed in the EPC contract.
Author: Bryan Groenendaal
