Business Maverick: Botswana, Namibia Set to Sign 5-Gigawatt Solar Energy Plan

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 84%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Botswana and Namibia are set to sign an agreement to develop solar projects of as much as 5,000 megawatts through installations built across their mostly flat, sunny landscapes.

Botswana and Namibia are working with U.S. government initiative, Power Africa, to help structure the deal, Namibian Mines and Energy Minister Tom Alweendo said in an interview on Friday. The electricity will mainly be exported across the region.“The agreement to be signed will facilitate a full feasibility study that will determine the size and the location of the plants,” he said.

The ambitious plans signal a shift for both nations that import power from South Africa’s Eskom Holdings SOC Ltd. The largest utility on the continent is struggling financially and operationally to meet demand. Adding 5,000 megawatts of renewable capacity would also further diversify the energy mix of the region, as Eskom mainly burns coal.Botswana and Namibia have massive solar potential, but have yet to realize large-scale renewable projects.

Negotiations on the finer details of the agreement including potential sites within both countries, cost sharing and other technical details will happen later, Masire said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines