Solarcentury, SolNam Get Green Light for 60MWp Solar Plant in the South

Solarcentury Africa and SolNam Energy have been granted an updated generation licence by the Electricity Control Board (ECB) to construct 60-MWp power plant in southern Namibia.

The two companies entered into an agreement in early 2023 to co-develop the SolNam project, close to the Kokerboom sub-station near Keetmanshoop. The project has an environmental clearance certificate obtained from the Ministry of Environment, Forestry and Tourism, and aims to reach financial close this year. The solar plant will be mainly focused on supplying Namibian customers, with the remainder to be fed into the Southern African Power Pool (SAPP).

This will be Solarcentury Africa’s second merchant project in Namibia after the 20MWp Gerus solar plant which is also expected to commence construction soon.

“We are thrilled to partner with SolNam on this important project for Namibia. The welcome news that we have now received our updated generation licence from ECB is an important milestone for the project and underlines Namibia’s commitment to renewable energy and to this project,” said Jason de Carteret, Chief Executive Officer of Solarcentury Africa.

“This is fantastic news that enables us to usher in a new era in energy supply throughout the region. We are very excited and look forward to the development together with Solarcentury Africa,” said Saskia Breuer, Managing Director of SolNam UG.

SolNam UG was founded in Germany in 2020 and was part of the Namibian German business delegation in December 2020.

Solarcentury Africa, a member of the SAPP, is seeking to become a leading power trader in southern Africa by leveraging its solar development experience and the energy trading expertise of its parent company BB Energy (BBE).

Founded in the 1960s, BBE is among the world’s leading independent energy trading companies, with 12 strategically positioned offices around the globe and over 50 years of trading experience. Its key trading hubs are in London, Dubai, Houston, and Singapore.

BBE Renewables was established to diversify from Oil & Gas by investing and financing renewable projects. In alignment with BBE’s focus on decarbonised energy sources, a Carbon Trading desk was also created.

Solarcentury Africa believes that the merchant route provides opportunity to deliver new renewable power capacity quickly and cost effectively, thereby contributing to the energy transition and growing power needs of the region. As a merchant plant which can supply power into the power grid, the SolNam project will help Namibia improve its energy resilience, reach its climate change targets and transition away from fossil fuels, which it has committed to under the recent COP28 framework in Dubai.

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