(South Africa)
The Ohlthaver and List Group, Namibia’s largest privately held group of companies through its energy subsidiary Nexentury, is investing up to N$1 billion in the construction of a 100-megawatt solar plant outside Windhoek. The venture follows the recent approval by the regulator, the Electricity Control Board (ECB), of Nexentury’s generation and export licenses. The licenses are valid for 25 years.
The Ohlthaver and List Group, Namibia’s largest privately held group of companies through its energy subsidiary Nexentury, is investing up to N$1 billion in the construction of a 100-megawatt solar plant outside Windhoek. The venture follows the recent approval by the regulator, the Electricity Control Board (ECB), of Nexentury’s generation and export licenses. The licenses are valid for 25 years.
The plant with an investment value of over N$1 billion is to be connected to one of Nampower’s largest substations. The electricity generated is intended to be used locally by industrial energy users such as mining companies, Regional Electricity Distributors, and Nampower as well as part of it being exported to the Southern African Power Pool. The company is also involved in the development of solar plants to power the production of green hydrogen in Namibia.
Phase I of the solar plant is to be running by mid-2024. This is one of the exciting projects Nexentury is embarking on as the company expands its clean energy supply in Namibia and beyond its borders. This project promises to be a positive contribution to the generation of renewable energy in the country and speaks to its commitment to expanding clean and sustainable energy solutions.
As a vertically integrated developer of renewable energy projects, O&L Nexentury is active in Namibia, South Africa, and Botswana as well as West Africa and Europe. The company offers Engineering, Procurement, Construction, and Operation & Maintenance services and has a pipeline of various exciting projects, including the development of PV solar plants to power the production of Green Hydrogen.
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City of Windhoek’s Renewable Energy Policy provides for the uptake of solar photovoltaic installations at the customer level by means of net metering, a 25MW solar PV plant has been on the agenda for the last few years with the city having marked it as one of its key priority focus areas. Windhoek’s renewable energy generation plan aims to reduce the city’s reliance on NamPower-generated electricity by allowing consumers to generate their own electricity through small-scale embedded generation, and for the city to invest in its renewable energy plant to generate electricity.
