Namibia's power utility, NamPower, has teamed up with CERIM Luderitz Energy to construct a 50 MW wind power plant in the coastal town of Luderitz. The joint venture is between Energy China and Riminii Investments, a local company. The project will cost 1.4 billion Namibian dollars (approximately 96.4 million US dollars) and is expected to be operational by July 2025. The plant will be located about 16 km south of Luderitz Town and will significantly contribute to NamPower's energy portfolio.
The new wind power plant is a positive step towards reducing Namibia's reliance on imported electricity. Currently, the country imports around 60% of its power from neighboring countries, leaving it vulnerable to price volatility and supply disruptions. The power plant will displace 50 MW of imports, contributing to the country's energy independence.
The development of the wind power plant will be the responsibility of CERIM Luderitz Energy, including financing, construction, operation, and maintenance. NamPower will be the sole off-taker of the electricity generated for 25 years under the power purchase agreement.
NamPower Managing Director Kahenge Haulofu expressed his satisfaction with the project, stating that it is a significant step in the right direction. The wind power plant is part of NamPower's Integrated Strategy and Business Plan, which includes other generation projects aimed at increasing energy self-sufficiency.
Namibia's move towards renewable energy is a positive step towards mitigating the effects of climate change. The country has vast potential for wind and solar energy, and the development of the Luderitz wind power plant is just the beginning of what could be a significant shift towards a more sustainable energy future.
