Namibia Announces $338 Million, 5-Year Renewable-Energy Strategy

Namibia’s state-run utility will build four plants powered by renewable energy over the next five years as the southern African nation seeks to guarantee local supplies and cut its use of fossil fuels.

The plants, which will harness biomass, solar and wind to generate a combined 220 megawatts, will cost 4.7 billion Namibian dollars ($338 million), Namibia Power Corp. Managing Director Kahenge Haulofu said at the launch of the company’s business plan for 2019-2023 in the capital, Windhoek. Nampower currently imports about 60% of its needs, mostly from South Africa.