SunEQ recently announced it has reached financial close for a 5MW solar photovoltaic project in Namibia. The facility will be built in the Otjozondjupa region for Ohorongo Cement; also the Development Bank of Namibia (DBN) has helped SunEQ secure financing.
Energy Finance & Investment News in Namibia
Inspired Evolution has signed a deal to invest up to US$36 million in Alten RE Developments Africa B.V., the sub-Saharan Africa-focused subsidiary of Alten Energías Renovables. The investment by Inspired Evolution’s Evolution II Fund will expand Alten Africa’s existing solar photovoltaic development platform across sub-Saharan Africa.
Inspired Evolution, has successfully exited a number of its renewable energy investments held in its Evolution One Fund portfolio.
Enertronica, a company operating in the field of renewable energies, has recently announced that it has completed the acquisition of a 6 MW photovoltaic project in Erongo, Namibia.
The Development Bank of Namibia (DBN) has provided finance for Namibia’s first large-scale solar power generator, the 4.5 MW Omburu Sun Energy.