Is Namibia a good country for solar?

The government recognises that Namibia is one of the best suited countries in the world for solar PV power generation and has a progressive national renewable energy policy. The key reason for this growth is that solar PV has become the cheapest source of electricity. Does Namibia have loadshedding?

Does Namibia have a solar power plant?

The government, the ECB, and NamPower have all expressed interest in grid-connected solar and wind renewable solutions, and in May 2015, Namibia inaugurated its first-ever solar power plant – a 4.5 MW plant – which represents one percent of the country’s current production of energy.

Does Namibia have a solar market?

Namibia’s solar market is booming with the country attracting fresh investments and new players. With a focus on both grid-connected and off-grid projects, the country aims to connect 80% of its population to renewables by 2025.

Where does Namibia's power come from?

Currently, an estimated 60% of Namibia’s power is imported from regional countries via the Southern African Power Pool, and while hydropower accounts for a large share of the energy mix, biomass and diesel-fired power generation are still heavily relied upon.

Is China a good place to invest in solar?

Despite the potential for solar deployment, much of the market remains largely untapped, presenting lucrative opportunities for investors and project developers alike. This untapped potential makes the country a highly attractive solar play and is a key driver behind the expansion of the market in 2023.