The Development Bank of Namibia (DBN) has pumped another N$164 million into the Rosh Pinah solar park expansion to secure energy for the mine and township.
The bank signed the agreement with Rosh Pinah solar park on Tuesday.
DBN spokesperson Jerome Mutumba says phase two is being developed to meet up to 30% of the increased annual energy demand for the Rosh Pinah Zinc Mine.
“The project will supply up to 30% of the annual electricity needs of RoshSkor Township, contributing directly to the town’s energy security and reliability,” he says.
The construction and commissioning of the expanded plant are expected to be completed by August 2026.
Speaking at the signing ceremony, DBN chief executive Titus Ndove said the partnership reflects the impact strategic development finance can have in shaping a resilient and competitive Namibia.
“The expansion of the Rosh Pinah solar park demonstrates our commitment to financing transformative projects that secure Namibia’s energy future. By enabling clean, reliable power for industrial growth and community development,” he said.
This follows the bank’s earlier investment of N$58 million in 2022 toward phase one.
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