Namibia promotes renewable energy
Climate finance crucial
Namibia is committed to promoting the production of electricity through renewable energy sources, including green hydrogen.
Over the past decade, Namibia has put in place a number of initiatives to promote renewable energy.
The country now boasts around 120 megawatts of installed capacity from solar energy sources.
Environment minister Pohamba Shifeta said this at the World Green Economy Summit taking place in Dubai this week.
He said this has been achieved through private sector investments and facilitated through a comprehensive policy on power purchase agreements between NamPower and the Independent Power Producers (IPPs).
Shifeta said in addition, a Cabinet directive is in place to electrify all public schools and hospitals, as well as other government buildings, with solar energy, including solar water heating systems.
He said Namibia's nationally determined contributions (NDC) is committed to promoting the production of electricity through renewable energy sources, including green hydrogen.
Big goals
Namibia launched a mega-hydrogen project in May this year. The minister said the green hydrogen project is expected to produce about five terawatts of electricity.
“This would exceed domestic demand and make Namibia’s electricity 100% renewable by 2030.”
He said one of the NDC goals is to convert more than 120 000 fuel-combustion vehicles to run on green hydrogen.
Funding key
One of the most important takeaways from the African Climate Week is the call to increase the provision of climate finance to Africa, Shifeta said.
“The implementation of the African NDC’s is conditional upon the provision of means of implementation, including finance, technology transfer and capacity building. The implementation of Namibia’s NDCs is conditional, whereby we expect 90% of the total estimated cost of US$15 billion to come from the multilateral and bilateral funding windows.”
The country now boasts around 120 megawatts of installed capacity from solar energy sources.
Environment minister Pohamba Shifeta said this at the World Green Economy Summit taking place in Dubai this week.
He said this has been achieved through private sector investments and facilitated through a comprehensive policy on power purchase agreements between NamPower and the Independent Power Producers (IPPs).
Shifeta said in addition, a Cabinet directive is in place to electrify all public schools and hospitals, as well as other government buildings, with solar energy, including solar water heating systems.
He said Namibia's nationally determined contributions (NDC) is committed to promoting the production of electricity through renewable energy sources, including green hydrogen.
Big goals
Namibia launched a mega-hydrogen project in May this year. The minister said the green hydrogen project is expected to produce about five terawatts of electricity.
“This would exceed domestic demand and make Namibia’s electricity 100% renewable by 2030.”
He said one of the NDC goals is to convert more than 120 000 fuel-combustion vehicles to run on green hydrogen.
Funding key
One of the most important takeaways from the African Climate Week is the call to increase the provision of climate finance to Africa, Shifeta said.
“The implementation of the African NDC’s is conditional upon the provision of means of implementation, including finance, technology transfer and capacity building. The implementation of Namibia’s NDCs is conditional, whereby we expect 90% of the total estimated cost of US$15 billion to come from the multilateral and bilateral funding windows.”
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