Green energy in spotlight

Kudu still on the drawing board

10 November 2016 | Energy

Green energy came under the spotlight significantly at the Invest in Namibia conference.

Power utility NamPower has made significant progress with regard to the development of its biomass and concentrated solar power projects its managing director Simson Haulofu indicated this week at the Invest in Namibia International conference.

“We have been looking at issues of biomass. We can generate quite a lot. Sixty megawatts (MW) of power can be realised from biomass. About 20 of that can come from NamPower.

“In addition to the biomass project is a concentrated solar project. We have already done socioeconomic impact studies on the concentrated solar power projects while also concluding water supply agreements,” he said. Speaking to the Namibian Sun on the sidelines of the conference, Innosun head Gregoire Verhaeghe said that his firm was in talks with private equity investor IJG Capital for its involvement of its envisaged power projects and stated that 25% would be available to local investors.

With regard to the development of NamPower''s base load power stations, Haulofu indicated that Kudu had entered the fray again and invited private equity investors to participate while concluding that extensive work and progress had been made regarding the Baines hydro-electric power station.

Said Haulofu: “We have concluded a socioeconomic impact assessment on the Baines power project. There is a lot to report back on. We are looking very critically at a base load power station. Kudu is [also] still on the drawing board.” Haulofu concluded by stating that a number of agreements still had to be signed with the Angolan government.

It is envisaged that the Baines mid-merit/peaking power station''s capacity would be 600 MW which will be shared equally by Namibia and Angola according to Nampower, a project expected to require an investment just over US$1.2 billion.

Energy minister told a packed Safari Court conference room that investors were welcome tao invest in the Kudu project, indicating that 44% would have to be funded privately.



OGONE TLHAGE

Similar News

 

End of NamPower monopoly nears

2 days ago - 12 December 2017 | Energy

OGONE TLHAGE - The government is forging ahead with a plan that will effectively bring NamPower’s monopoly to an end. As it stands, the single-buyer...

Social impact assessment for Baynes incomplete

1 week ago - 06 December 2017 | Energy

OGONE TLHAGE A social impact assessment still needs to be completed before the governments of Namibia and Angola can go...

Power imports cost N$9b

1 month - 02 November 2017 | Energy

NamPower has paid over N$9 billion for electricity imported from elsewhere over the last five years.The country will remain a net importer until a base-load...

Petrol, diesel prices up again

1 month - 31 October 2017 | Energy

Fuel prices are going up at midnight tonight, the minister of mines and energy, Obeth Kandjoze, announced yesterday. Pump prices will increase by 40...

Namcor to present revised fuel import business case

1 month - 19 October 2017 | Energy

The Namibia Petroleum Corporation has reworked elements of its business case to have 50% of its fuel import mandate reinstated.Speaking to Market Watch this week,...

Gas demand will surge

1 month - 19 October 2017 | Energy

STAFF REPORTERThe 19th ministerial meeting of the Gas Exporting Countries Forum (GECF) convened in Moscow in Russia earlier this month, led by the forum chairman,...

Arandis Power remains patient

1 month - 18 October 2017 | Energy

Ogona Tlhage - Arandis Power might just be one of the most patient and persistent prospective power producers yet, having made multiple unsolicited offers to...

Lüderitz becomes wind farm mecca

2 months ago - 04 October 2017 | Energy

The construction of the five-megawatt, N$180-million Ombepo wind farm has sparked renewed interest in the southern coastal town of Lüderitz according to town CEO, Aunie...

High power tariffs questioned

2 months ago - 22 September 2017 | Energy

Residents of Otjiwarongo in the Otjozondjupa Region have called on the government to revisit its policies and laws regulating electricity tariffs.The Central North Regional Electricity...

Equatorial Guinea takes off with LNG

2 months ago - 20 September 2017 | Energy

The ministry of mines and hydrocarbons, representing the government of Equatorial Guinea, has signed a memorandum of understanding (MoU) with the government of Burkina Faso...

Latest News

Township deal 'none of your...

20 hours ago | Government

President Hage Geingob yesterday told journalists that he was not going to entertain questions about his private business and how much he made from selling...

NSFAF to lose parastatal status

20 hours ago | Government

The government is contemplating plans to return the embattled Namibia Students Financial Assistance Fund (NSFAF) to the Ministry of Higher Education, Training and Innovation. ...

Geingob defends Noa

20 hours ago | Government

President Hage Geingob yesterday leapt to the defence of Anti-Corruption Commission (ACC) director-general Paulus Noa, while defending his administration's record on curbing corruption. Geingob...

Pilchard moratorium too little, too...

20 hours ago | Fishing

A three-year moratorium on pilchard fishing introduced this week came ten months after the fisheries minister had announced a controversial and defiant 14 000-ton pilchard...

Okombahe bakery now operational

20 hours ago | Business

A bakery project started for youth empowerment at Okombahe in Erongo Region started operating on Wednesday. Speaking to Nampa upon enquiry on Friday, bakery...

Keep an eye out for...

20 hours ago | Banking

The Bank of Namibia is warning bank customers to take stock of unauthorised debit orders and report such deductions as soon as they are detected.Debit...

Big changes coming at Health

20 hours ago | Government

Health minister Bernhard Haufiku yesterday said massive administrative changes could be expected at the beleaguered ministry, including the complete overhaul of the Central Medical Store...

No listeria fears for Namibia

20 hours ago | Health

Namibia is safe from contaminated food products which have caused an outbreak of listeria in South Africa and caused the death of at least 37...

No standoff here, says Kauta

20 hours ago | Government

The board chairperson of the National Petroleum Corporation of Namibia (Namcor), Patrick Kauta, says there was no ministerial influence or any other implied personal considerations...

Load More