Windhoek 7 billion energy storage power station

Why is NamPower a major investment in Namibia's electricity network?

“NamPower welcomes the financing approval of the project, as this is one of the major strategic and crucial investments towards Namibia’s electricity transmission network. NamPower will be able to maintain pace with evolving and increasing electricity needs of the country.

Why does Namibia need a new electricity network?

The national power utility said the expansion of the electricity network and lines is necessary to provide for the current and future national load requirements as the needs of an expanding Namibian population will require, including the needs of an economy that is growing.

How much money does NamPower get from the World Bank?

NamPower has secured N$2.6 billion in funding from the World Bank to expand its transmission network and integrate renewable energy into the grid.

Who is implementing NamPower's $138.5 million transmission expansion & energy storage project?

The $138.5 million project will be implemented by the national electricity utility, NamPower. “Namibia is a uniquely positioned regional leader in the transition towards Transmission Expansion and Energy Storage Project a greener and more sustainable future.

What is a solar power plant in Namibia?

An aerial view of the Omburu solar power plant and the Omburu sub station. One of the major solar PV applications in Namibia is solar water pumping (PVP) that takes place on cattle farms. Solar PV is also used for rural access to modern energy.

How will the World Bank support Namibia?

“The World Bank is delighted to support Namibia’s commitment to expand domestic energy generation with renewable solutions, consistent with the country’s Second Harambee Prosperity Plan. This project will support NamPower to develop future renewable energy projects,” Kahkonen said.