The World's #1 Renewable Energy Network for News, Information, and Companies.
Untitled Document

Solar Project Aims to Becomes Largest in West Africa

An American-based investment group has secured a power purchase agreement with the Namibian government to build a 500-megawatt photovoltaic power plant near the capital of Windhoek.

If built, the plant would represent the largest solar installation in West Africa, and could eventually include wind generation and grow up to 1 gigawatt. The group, led by Washington-based project developer SSI Energy Solutions (SSIES), is the parent company of Africa Energy Corp., which was set up for the Namibia project. Partners in the project include former SunEdison CEO Jigar Shah, Tom Amis and Nik Patesh of clean-energy law firm Cooley LLP, Eric Henderson of the Beacon Group and Adam Stern and Gary Kleiman of The Gemstone Group.

The company is now working to strike a deal with an Engineering, Procurement and Construction (EPC) contractor. According to the company, construction costs are expected to be between $1.6 billion and $2 billion. Once a deal is in place, the company says it can break ground in January, with a plan for completion within one to two years. 

The project is far bigger than any solar project currently online in the southern hemisphere. South Africa, which borders Namibia, has garned the most interest in the region for large-scale developments.  

Namibia, which gained its independence from South Africa in 1990, is known for its stable democratically elected parliament and was seen by the group as ideal for a development of this size.

The nation of more than 2 million residents relies heaving on coal imports from its neighbors – South Africa to the south and Botswana to the east. However, shortages have strained the economy. The project could position the Namibian government, which controls the utility, to use electricity from the project to power municipalities and mining operations, as well as ports and airport facilities.

Untitled Document

RELATED ARTICLES

Solar power growth impacting UK electricity sector

Diarmaid Williams

Q2 of 2015 saw a large increase in the generation of electricity from solar PV in the UK, with the growth having a significant impact on electricity market prices and other supply factors.

PACE Finance Opening Doors for C&I Solar In California

Susan Kraemer, Correspondent With its excellent renewable policy, California leads the nation in solar. Over the years both the Renewable Portfolio Standard and the California Solar Initiative drove utility scale and residential solar deployment. But w...

US Clean Power Plan Could Include Carbon Trading

Mark Drajem, Bloomberg Some businesses that back President Barack Obama’s plan to curb greenhouse gases are making a late lobbying push to add an element similar to a cap-and-trade program. With the administration set this week or next to unveil ...

Why the Future of the Yieldco Is at Risk

Haresh Patel In the past two years, the proliferation of YieldCos, and their ability to open new sources of capital for renewable energy projects, has captured the attention of the energy industry. While a YieldCo’s potential to catalyz...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 4
1507REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

Grid-connected and Off-grid Photovoltaics

This training covers all aspects of planning, installation, maintenance,...

2015 Green Energy Expo

Stop by and visit Canadian Solar at the Green Energy Expo in Mexico City!

2015 Intersolar-South America

Canadian Solar will be exhibiting @ Intersolar-South America. Stop by an...

COMPANY BLOGS

Do Your Goals Match Your Values?

Before you set goals for your company or your personal work performance ...

LSX rises with sustainable wine making in Mexico

his custom LSX solar canopy shades the upper deck organic gard...

A Networking Story

When you’re at a networking event and you meet someone who works i...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS