- Cerim Lüderitz Energy has signed the necessary agreements for developing the Lüderitz wind project with the state-owned company NamPower.
- The project involves the construction of a 50 MW wind farm.
Within a few months, Namibia will have a new wind farm. These are the objectives of the agreements that NamPower, the government-owned energy provider, and Cerim Lüderitz Energy, a partnership between the enormous China Energy Engineering Corporation (CEEC) and the Namibian business Riminii Investments, recently inked. As a result, the transmission connection agreement (TCA) and the 25-year power purchase agreement (PPA) have both been signed by the special purpose company.
According to the deal, Cerim Lüderitz Energy’s entire output will be purchased by the state-owned NamPower. Within 27 months, the business will construct a 50 MW wind farm 16 km from Lüderitz, a city in the south, in the Karas region on the Atlantic Ocean. An investment of N$1.4 billion, or US$76.6 million, will be needed for the project.
The wind farm will be built, financed, run, and maintained by Ceris. It is anticipated to start making money in 2025.
Most importantly, the wind farm will let Namibia import less electricity. 60% of the country’s electricity comes from South Africa, Zimbabwe, and Zambia, all of which are currently going through an energy crisis. As part of NamPower’s Integrated Strategic and Business Plan (ISBP) for the years 2020–2025, the Lüderitz wind project is now being developed. This plan calls for increasing the nation’s installed electrical capacity via renewable sources. The national electricity system of Namibia is currently served by seven clean energy facilities with a combined capacity of 76.5 MW.