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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

energy project

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Business / Economics

World Bank approves $138.5 million energy loan for NamPower

Namibia has embarked on its first World Bank-financed energy project, a $138.5 million initiative to strengthen the reliability of its transmission network and integrate more renewable energy into the electricity system. The project will be implemented by NamPower, the national electricity utility, and represents a big step toward a greener and more sustainable future. "Namibia is uniquely positioned as a regional leader in the transition towards a greener future. The […]

todayJuly 24, 2024 26

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World Bank Loan to Namibia Supports Renewable Energy Integration

    Today marks the approval of Namibia’s first ever World Bank financed energy project, aimed at improving the reliability of the country’s transmission network and enabling increased integration of renewable energy into the country’s electricity system. The $138.5 million project will be implemented by the national electricity utility, NamPower. “Namibia is a uniquely positioned regional leader in the transition towards Transmission Expansion and Energy Storage Project a greener and more sustainable future. The World Bank is […]

todayMay 7, 2024 24

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