Namibia’s state power utility NamPower has signed a $78-million EPC contract with two Chinese companies for the development of the 100 MW Rosh Pinah Solar PV Project.
The agreement was formalized by NamPower’s Managing Director, Kahenge Haulofu, and representatives from China Jiangxi International Economic and Technical Cooperation and Zhejiang CHINT New Energy Development.
According to Haulofu: “The investment will contribute to managing and regulating future increases in electricity tariffs. This will not only benefit individual consumers by lowering increases to their electricity bills but also contribute to the overall economic growth and environmental sustainability.”
Construction on the project is expected to take 18 months, with up to 800 workers at peak installation. The plant, set to begin operations in the second quarter of 2026, will represent Namibia’s second and largest solar PV project to date.
In addition, NamPower has secured a nearly $73-million loan from the German Development Cooperation through KfW Development Bank, covering nearly 80% of the project’s total cost. NamPower will fund the remaining 20% from its balance sheet.
“The 20% own contribution together with the KfW concessional loan has enabled the PV project to be extended from 70 MW to 100 MW,” said KfW Development Bank Country Director, Beatrice Lucke.
