Namibian Solar Container Fixed Financing

Will NamPower finance 100MW Rosh Pinah PV project?

Executives from NamPower and Germany’s KfW bank sign the loan agreement for the 100MW Rosh Pinah PV project. Image: NamPower via LinkedIn. Namibian utility NamPower has advanced plans for a 100MW solar PV project with the agreement of a financing deal and the appointment of contractors to build the plant.

How much will Namibia's Rosh Pinah project cost?

Namibia Power Corp. (NamPower) has secured a loan from German state-owned development bank KfW to expand the planned Rosh Pinah project in Namibia from 70 MW to 100 MW. The NAD 1.3 billion ($72.6 million) loan will cover 80% of the solar project’s costs.

How much will a NAD loan cover the Rosh Pinah solar project?

The NAD 1.3 billion ($72.6 million) loan will cover 80% of the solar project’s costs. State-owned utility NamPower has extended the capacity of its Rosh Pinah solar project in Namibia from 70 MW to 100 MW. It will be the largest solar park in the nation once it is operational. Rosh Pinah is a mining town in the southern part of the country.

How much solar power does Namibia have?

Its latest statistics show that Namibia added no new PV capacity last year, leaving its cumulative installed solar capacity at 170 MW as of 2022. This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].