The Development Bank of Namibia on Friday signed an agreement to finance a solar park at Rosh Pinah which, when completed, will generate 5,4 MW for the operational energy requirements of the Rosh Pinah Zinc Corporation. Director and Shareholder, Elmo Kalyamo, said the facility will supply 30% of RPZC’s power requirements over the 15-year duration of the power purchase agreement which will reduce greenhouse gas emissions at a company level by 6% annually. The DBN meanwhile explained that by financing renewable energy generated by Independent Power Producers they aim to, among other things, reduce cashflows out of the country, increase the amount of locally generated electricity, and enhance the security of supply.
