Namibia Seeks Developers for 25 Megawatt Solar PV Plant

Solar panels stand above a parking lot at Arizona State University in Tempe, Arizona, U.S., on Tuesday, June 11, 2013. Solar installations in the first quarter increased 33 percent to account for almost half of all new electric capacity installed in the U.S., according to a trade-group report. Photographer: Laura Segall/Bloomberg , Photographer: Laura Segall/Bloomberg

Kaula Nhongo, Bloomberg News

Jun 19, 2021

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(Bloomberg) --

Namibia is seeking developers to build a 25 megawatt solar-power facility to source energy for its capital, Windhoek, and help counter a electricity shortage.

The public-private partnership will include the construction, financing and operation of the facility, the city said in a notice published in local newspapers. It’s estimated to cost 420 million Namibian dollars ($29 million).

The arid southwest African nation is targeting 70% of its installed electricity capacity to come from renewable sources by 2030.

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