VOL. NO: 56      DATE:
 

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AFRICAN ECHO BUSINESS NEWS
Complied by Cass Gilroy-Business Editor

N$1 billion Namibian power plant in pipeline

AN INVESTMENT of N$1 billion to establish a wind farming electricity generating plant along the coast could be the future of Namibia's energy supply problems. The project is fully financed by foreign investment and includes a N$300 million grant from the Dutch Government, who are backing the operation with world class windmill technology.

Aeolus Power
Generation of Namibia is a joint venture involving a Dutch investor and the United Africa Group (UAG), which will be participating in this revolutionary energy producing project. The country's excellent wind belt along the coast will provide a suitable environment for the 102 high-tech advanced wind generated systems to produce an alternative source of electricity for Namibia.

These free standing three-bladed wind turbines will be installed at various locations along the coast, namely Lüderitz, Walvis Bay, Henties Bay and Oranjemund. Walvis Bay will become the operation centre of the power plant, and will create employment for around 300 people. The APGN is the initiative of Dutch investor Van Gastel, who on a previous protocol visit to Namibia realised the need for an alternative energy supply. He said the excellent wind resource at the coast, which is considered to be one of the best in the world, would provide a suitable climate for his innovative "Green Energy" wind farming methods.


 

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