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Namibia secures World Bank funding for energy Infrastructure expansion

0 Comment(s)Print E-mail Xinhua, May 7, 2024
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WINDHOEK, May 7 (Xinhua) -- Namibia has secured more than two billion Namibia dollars (about 110 million U.S. dollars) from the World Bank for a major transmission network expansion and renewable energy integration project.

The Transmission Expansion and Energy Storage (TEES) Project will include the development of a 465 km transmission line as well as the establishment of a utility-scale Battery Energy Storage System facility, and technical assistance to support the implementation of renewable energy projects, NamPower, the country's national power utility, said in a statement on Tuesday.

NamPower's Managing Director Kahenge Haulofu expressed satisfaction with the approval of the project, saying it is a major milestone in the country's energy infrastructure development.

The transmission line will stretch from the Auas transmission station outside of Windhoek to the Kokerboom transmission station near Keetmanshoop, enhancing NamPower's north-south transmission capacity.

World Bank Country Director to Namibia Satu Kahkonen commended Namibia's commitment to renewable energy expansion, saying that the project supports NamPower's development of future renewable energy projects.

Notably, the project includes plans to integrate a 45MW/90MWh Battery Energy Storage System at the Lithops Substation in the Erongo region, aimed at storing excess energy from upcoming Solar Photovoltaic power plants to minimize grid losses.

Currently, Namibia's renewable energy capacity stands at just over 30 percent of total generation.

The TEES Project aligns with Namibia's National Energy Policy and Renewable Energy Policy, which aim to achieve 85 percent self-sufficiency and source 70 percent of energy needs from renewable sources in the future. Enditem

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