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SPS invests N$300m in renewable energy projects across Namibia

Sustainable Power Solutions (SPS) has invested about N$300 million in renewable energy projects in Namibia, with a combined installed capacity of around 25MW.

The company’s largest project is the 10MW solar plant at B2Gold’s Otjikoto mine near Otjiwarongo.

Co-founder Francois van Themaat says SPS has also developed solar projects at Okatope, NCF and Tandi near Oshakati, while holding majority ownership in the Karibib solar plant, which supplies power to the NamPower grid.

Smaller rooftop installations also form part of its portfolio.

“Our overall investment is in the region of 25 megawatts. When we started, it was more expensive, so the total is around N$300 million,” Van Themaat says.

The NCF and Tandi plants each provide 5MW to the national grid and are located next to one another in the Oshikoto region.

The B2Gold plant, developed and funded by SPS, has a capacity of 10.8MWp and will generate about 26 360MWh of renewable energy annually.

According to SPS, the facility will offset 26 360 tonnes of CO2 emissions every year, supporting B2Gold’s strategy to cut greenhouse gas emissions by 30% by 2030.

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