Upon recently receiving its Generation License and Export License from the Electricity Control Board and the Ministry of Mines and Energy, O&L Nexentury – a subsidiary of the Ohlthaver & List (O&L) Group – will commence with its investment in a 100-Megawatt (MW) solar photovoltaic (PV) plant just outside of Windhoek. Both licenses are valid for 25 years.
With an investment value of over N$1 billion, the plant is planned to be connected to one of Nampower’s largest substations. The electricity generated is intended to be used locally by industrial energy users such as mining companies, Regional Electricity Distributers and Nampower as well as part of it being exported to the Southern African Power Pool.
With Phase I of the solar plant to be running by mid-2024, Bernd Walbaum, Managing Director (MD) of O&L Nexentury, shared his enthusiasm for progress on the project. Walbaum: “This is a most exciting project we are embarking on as we expand clean energy supply in Namibia and beyond our borders. As part of our O&L Group Purpose, ‘Creating a future, enhancing life’, this project promises to be a positive contribution to the generation of renewable energy in the country and speaks to our commitment to expanding clean and sustainable energy solutions.”
This comes at a time where the German company of O&L Nexentury was granted all necessary permits and licenses to build Germany’s largest floating solar PV plant of 15 Megawatts on a gravel lake in the central part of Germany.
As a vertically integrated developer of renewable energy projects, O&L Nexentury is active in Namibia, South Africa and Botswana as well as West Africa and Europe. The company offers Engineering, Procurement, Construction and Operation & Maintenance services and has a pipeline of various exciting projects, including the development of PV solar plants to power the production of Green Hydrogen.