Namibia secures start-up funding for biomass power station - News Summed Up

Namibia secures start-up funding for biomass power station


50 SHARES Share TweetWINDHOEK, May 24 (Xinhua) — Namibia has secured over 100 million U.S. dollars in financing to support the construction of a 40-MW biomass power station. “This project will be one of the answers to the long-awaited realization of a baseload power station in Namibia,” said Kahenge Haulofu, managing director of NamPower, the national electricity utility. The Otjikoto Biomass Power Station will enable NamPower to cost-effectively provide baseload electricity, and will contribute to the expansion of power generation for Namibia, he said. The biomass power plant is expected to reduce Namibia’s reliance on imported electricity by providing a stable and cost-effective baseload power source. He said the Otjikoto Biomass Power Station, once commissioned, will support and preserve power quality in Namibia’s electricity grid by providing ancillary services such as synchronizing torque, grid inertia, and reactive power control.


Source: Daily Nation May 25, 2024 14:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */