Namibia Signs Deal with Chinese Firms to Build Largest Solar Plant
TLDR
- Namibia's largest solar PV plant, the 100-megawatt Rosh Pinah plant, is being built by Chinese companies China Jiangxi International Economic and Technical Corp. and Zhejiang CHINT New Energy Development Co.
- The project, valued at 1.6 billion Namibian dollars ($89 million), will be funded mainly by a loan from Germany's KfW bank, covering nearly 80% of the costs.
- Construction of the plant is anticipated to take 18 months, with operations set to begin in the second quarter of 2026.
Namibia’s state-owned electricity provider, NamPower, has contracted with Chinese companies to build the country’s largest solar photovoltaic (PV) plant.
China Jiangxi International Economic and Technical Corp. and Zhejiang CHINT New Energy Development Co. will construct the 100-megawatt Rosh Pinah plant, valued at 1.6 billion Namibian dollars ($89 million).
The project will be funded primarily by a loan from the German development bank KfW, covering nearly 80% of the cost. The remaining funds will come from NamPower’s balance sheet. Construction is expected to take 18 months, with operations commencing in the second quarter of 2026.
Points clés à retenir
NamPower's agreement to build the plant is a major step toward strengthening Namibia's renewable energy infrastructure. The project is part of NamPower’s strategic plan for 2020-2025 and will play a key role in transitioning the country toward a low-carbon energy system while stabilizing electricity tariffs and supporting economic growth, with operations set to begin in 2026.
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