Gerus Solar Power Plant (20MWp)

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The project comprises the development of Gerus solar PV plant , located in Outjo, Kunene Region, Namibia. The sponsor is Solarcentury Africa Limited, in partnership with Sino Energy (Pty) Limited. It has reached financial close in October 2024 for the value of $20 million (N$354 million), fully funded by Solarcentury Africa. The project will be the first fully merchant independent power producer (IPP) in Southern Africa, trading all its renewable energy on the Southern African Power Pool (SAPP) without PPA agreement with the Government. It has secured a generation license from Namibia’s Electricity Control Board (ECB), connection agreements from utility NamPower, and an Environmental Clearance Certificate from Namibia’s Ministry of Environment. It also benefits from the backing of the Namibia Investment Promotion and Development Board (NIPDB). While the plant intends to sell all its power on the SAPP, it will also have the flexibility to sell power within Namibia to contestable customers, such as large mining and industrial operations, under the new Modified Single Buyer (MSB) rules. The power generated will be sold by Solarcentury Africa’s trading arm, Solarcentury Trading, a member of the SAPP. Sino Energy acted as a co-developer on the project. The new solar plant is expected to generate 51 GWh of electricity annually, offsetting approximately 8,600 tonnes of carbon dioxide emissions. Alensy Energy Solutions Pty Limited, a leading Namibian EPC contractor, has been appointed to construct the plant, creating over 150 local jobs. The facility will connect to the NamPower Gerus substation and the main North-South transmission network. It is scheduled for commissioning in the third quarter of 2025. https://solarquarter.com/2024/10/24/solarcentury-africa-and-sino-energy-reach-financial-close-on-20-mwp-solar-pv-plant-in-namibia/#google_vignette ; https://miningandenergy.com.na/solarcentury-sino-energy-reach-financial-close-on-n354m-namibia-solar-plant/ ; https://solarquarter.com/2024/10/24/solarcentury-africa-and-sino-energy-reach-financial-close-on-20-mwp-solar-pv-plant-in-namibia/#google_vignette ; https://miningandenergy.com.na/solarcentury-sino-energy-reach-financial-close-on-n354m-namibia-solar-plant/ ;