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Project category
Production d'énergie renouvelable et durable (PERD)
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Estimated budget
11000000
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Capacity in MW
5
This is a 5 MW solar photovoltaic (PV) power plant under Namibia's pilot Renewable Energy Feed-in Tariff (REFIT) Program being managed by NamPower - one of 14 licensees under this pilot program. USAID/Southern Africa provided funding for the development of the REFIT Program. HOPSOL Power Generation (Pty) Limited is a Namibian SPV formed as a partnership between HopSol Africa Construction, a subsidiary of the Swiss developer HopSol AG, and the Namibian Ouyelele Company. HopSol AG is a small, family-owned company based in Zurich that builds, owns and operates Solar PV projects worldwide. Funding of $4.8 million dollars was provided by Power Africa Partner Standard Bank Namibia and additional funds were funded through equity.
Project Follow Up
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Lead financier
Un financement de 4,8 millions de dollars a été fourni par la Power Africa Partner Standard Bank Namibia et des fonds supplémentaires ont été financés par capitaux propres.
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Co-financier (if applicable)
L'USAID/Afrique australe a fourni des fonds pour le développement du programme REFIT.
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Budget Total en Millions d’Euros
$12.5M
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Equity in Millions of Euros
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Financial Products
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Project status
Clôture financière
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Technique Assistance in Millions Euros