namibia energy storage investment
Namibia: Creating an Enabling Environment for Energy Investment
Namibia: Creating an Enabling Environment for Energy Investment. Connect with us: March 15, 2024. ENS has one of the largest practitioner networks on the African continent, able to share knowledge and access partner expertise across jurisdictions. In Namibia, the law firm has been awarded the Namibian National Law Firm of the Year …
NamPower issues a tender for a battery energy storage system
Published on 13 Jul 2021. LinkedIn Tweet. Namibian state owned electricity utility, NamPower, has issued a tender for the engineering, procurement and construction (EPC) of the Omburu Battery Energy Storage System (BESS). The battery energy storage system will be retrofitted to the planned Omburu 20MW PV Power Project.
Namibia Anticipates 2024 FID on Venus-1X, Graff-1X Discoveries
April 22, 2024. Namibia anticipates a final investment decision (FID) to be made by operators on the Venus-1X and Graff-1X deepwater oil discoveries by the end of 2024, according to Namibian Minister of Finance, Iipumbu Shiimi. The Venus-1X and Graff-1X oil discoveries, made in 2022 by multinational energy companies TotalEnergies and Shell ...
Namibia: Nampower Tenders for 75 MWh Battery Energy Storage System
Image: Namibia''s National Flag. Image credit: Shutterstock. Tender Flash. Namibia''s state owned energy utility, Nampower, has release a tender for the engineering, procurement and construction (EPC contract) of the Omburu Battery Energy Storage System (BESS) – 58 MW ( 75MWh minimum). Bid closing date us 13 Aug 2021 at 11:00 …
A quiet transition: The role of Namibia''s state-owned power utility in the renewable energy …
4.1. First period: green shoots and a false start Before 2015, many would not have considered Namibia an obvious candidate for large-scale private power sector investment. NamPower, at that stage responsible for all generation and transmission infrastructure in the ...
Namibia Advances Energy Infrastructure with Battery Project
Revamping Namibia''s power system By executing engineering, procurement, and construction (EPC) contracts for its inaugural large-scale battery storage project, Namibia has achieved significant strides in updating its energy infrastructure. The 54MW/54MWh ...
Namibia charts path toward diversified energy investments
Last May, Namibia commissioned sub-Saharan Africa''s largest green hydrogen production plant. The $10-billion project – led by green hydrogen development company Hyphen Hydrogen Energy – will be capable of producing 300,000 tons of green hydrogen and ammonia and will feature wind and solar plants with a combined capacity …
Geographic Region: Namibia
Namibia announces partner for $9 billion hydrogen & ammonia project. Julian Atchison November 11, 2021. HYPHEN Hydrogen Energy will develop the first green mega-project in Namibia. The $9.4 billion, 300,000 tonnes per year green hydrogen project will focus on providing green hydrogen & ammonia product to local and global markets.
Least-cost energy investment study for Namibia
Solar and wind with storage make up the largest share of Namibia''s energy future under a least-cost energy investment scenario to 2030 and 2040, cumulatively accounting for 70% and 77% of the country''s installed capacity, respectively. Namibia has widespread high-quality solar and wind resources in areas that avoid dense populations ...
World Bank Funds $138.5M for Namibia Energy Project
May 8, 2024. A significant $138.5 million investment package to improve Namibia''s electrical infrastructure has been certified by the World Bank. The package places special emphasis on the integration of renewable energy through reinforced transmission lines and the installation of a second utility-scale battery storage facility.
Namibia launches 10 billion dollar-hydrogen project with German participation
In cooperation with German investors, Namibia has commissioned Sub-Saharan Africa''s largest green hydrogen production project. The government cabinet approved the entry into the 10 billion dollar project with Hyphen Hydrogen Energy, whose shareholders are renewable power developer Enertrag and infrastructure developer …
Team selected for 58 MW/75 MWh battery energy storage system in Namibia
Namibia Power Corporation (NamPower) has selected a Chinese team of Shandong Electrical Engineering & Equipment Group Company and Zhejiang Narada Power Source Company to build the 58 MW/75 MWh Omburu battery energy storage system (BESS) in the Erongo region of central-west Namibia. ...
€20m grant funding for Namibia''s first grid-scale BESS from Germany''s national development bank
Namibia has a National Energy Policy target of sourcing 80% of its energy from local sources by 2023 and a Renewable Energy Policy target of 70% by 2030. The BESS will contribute to meeting both of these, as well as helping lower overall cost of energy that consumers pay, NamPower managing director Kahenge S Haulofu said.
Namibia Sets a Foundation for Sustainable Solar, Renewable Energy …
Government-owned utility Namibia Power Corp. (Nampower) recently announced it will invest N$4.7 billion (US$338 million) over the next five years to add 220 megawatts (MW) of renewable power capacity to its generation mix. More specifically, Nampower intends to tap into abundant solar and wind energy, as well as biomass, resources to build four ...
Energy Namibia
This strategic investment is a testament to Namibia''s commitment to sustainable energy practices and economic advancement. Kahenge Haulofu, Managing Director of NamPower, hails the project''s approval as a significant stride towards enhancing the country''s transmission network, particularly the expansion of the 465 km Auas-Kokerboom line, …
Top 10 Energy Developments in Namibia in 2022
In November 2021, Windhoek-based firm, Hyphen Hydrogen Energy, was selected as the preferred bidder for the development of Namibia''s first green hydrogen project. Namibia will receive $6.3 million in concessional fees from the developer in 2022 which will be used to help the country deliver its green hydrogen strategy to unlock …
NAMIBIA: KfW grants €20m for large-scale electricity storage
The state-owned Namibia Power Corporation (NamPower) now has the financial means to implement its project to build a large-scale electricity storage system in the Erongo region. The company is benefiting from a €20 million grant from Kreditanstalt für Wiederaufbau (KfW), the German development agency. The financing agreement was …
Invest in Namibia Energies: Namibia Energy Minister Opens Country-Focus Session at AEW 2023
Namibia''s Minister of Mines and Energy, Hon. Tom Alweendo, opened a country-focus session at AEW 2023 as key policymakers and companies provided insight into the country''s exploration and production opportunities. Namibia''s Minister of Mines and Energy, Hon. Tom Alweendo, opened a country-focus session at AEW 2023 as key …
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