Namibian utility secures financing for 100 MW of solar

Namibia Power Corp. (NamPower) has secured a loan from German state-owned development bank KfW to expand the planned Rosh Pinah project in Namibia from 70 MW to 100 MW. The NAD 1. 3 billion ($72. 6 million) loan will cover 80% of the solar project's costs. State-owned utility NamPower has extended the capacity of its Rosh Pinah solar project in Namibia from 70 MW to 100 MW. It will be the largest solar park in the nation once it is operational. Rosh Pinah is a mining town in the southern part of the country. "The site lies near the existing Namibian power grid and will thus avoid additional investment ...

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