POWER AFRICA FACT SHEET
Power Africa has supported the development of 37 megawatts (MW) of electricity generation projects in Namibia. In addition, various firms have received U.S. Embassy support to move transactions forward. The page below gives an overview of the energy sector in Namibia and explains Power Africa's involvement in the country.
NAMIBIA ENERGY SECTOR OVERVIEW
Population: 2.25 million | GDP (1): $14.52 billion
The power sector in Namibia has undertaken several reforms aimed at attracting Independent Power Producers (IPPs) by providing a stable investment environment. Such reforms include the horizontal consolidation of more than 70 distributors into five regional electricity distribution companies (REDs) and the establishment of transparent tariff setting procedures, all overseen by the sector regulator, the Electricity Control Board (ECB). While the country’s generation mix utilizes primarily hydropower, the majority of electricity is imported (about 60% of the total electrical energy requirement), primarily through bilateral contracts from South Africa’s Eskom and to a lesser extent, the Southern Africa Power Pool (SAPP).
POWER AFRICA SUCCESS STORIES IN NAMIBIA
Major Milestone Agreement Reached for Mega Solar in Southern Africa
Mega Solar is a partnership between Power Africa and the Governments of the Republic of Botswana and Namibia, the International Finance Corporation (IFC), the International Bank for Reconstruction and Development (World Bank), and the African Development Bank to support the development of Southern Africa’s largest solar-generation project, which is estimated to result in 2–5 gigawatts of solar power.
Power Africa Coordinator, Mark Carrato, Visits Namibia with Delegation Led by U.S. Deputy Special Envoy for Climate Jonathan Pershing
Mega Solar has the extraordinary development potential for life and globe changing clean energy. Botswana 🇧🇼 and Namibia...Posted by Power Africa on Friday, 1 October 2021