Transmission Expansion and Energy Storage Project

active

Prospective

The proposed Project will address key priorities in Namibia’s energy sector. The Project Development Objective (PDO) is to strengthen the transmission network, maintain grid stability, and facilitate uptake of renewable energy generation. The Project will finance the construction of a new transmission line and associated substations to strengthen NamPower’s transmission network and to increase capacity to supply new load and to wheel additional renewable power through the NamPower network. The Project will also finance the development of the second utility scale Battery Energy Storage System (BESS) in the country that will facilitate the uptake of renewable energy generation while maintaining grid stability. The Project will also provide technical assistance (TA) for technical studies, transaction advisory, RE park infrastructure studies, and institutional capacity building. The proposed Project is structured around three components: (i) development of the Auas-Kokerboom Transmission Line (USD 100 million); and (ii) development of a utility scale BESS facility (USD 35 million); and (iii) technical assistance (USD 3.5 million) as set out in further detail in the PCN. Total project funding amounts USD 138.50 and the Project will combine a proposed IBRD loan and a proposed grant from the IBRD Fund for Innovative Global Public Goods (GPGs) Solutions (the “GPG Fund”), a proposed loan from the Green Climate Fund (“GCF”), and a proposed grant from the GCF. The GPG fund proceeds and the GCF loan will be used for developing the BESS facility to facilitate incorporation of large-scale renewable energy in Namibia’s generation mix and to mitigate the high investment cost of pioneer BESS projects in the country.

FY17 - Energy and Extractives

World Bank

Project

Energy Storage, Power Transmission, Power Generation (CCGT), Government, Commercial