Alpha Namibia Industries Renewable Power Limited (ANIREP) has announced the official completion of Engineering Procurement and Construction obligations with regards to the Omburu 20MW PV Power Station.
The Namibian Stock Exchange-listed company has now been issued with a Performance Certificate by NamPower, a development which marks the fulfilment of the contracted works.
“The Performance Certificate milestone marks a significant step in ANIREP Group as a leading developer of solar plants; it also cements our position as the country’s leading and home grown EPC and O&M developer, by delivering successfully the 26.134MWp solar PV Omburu EPC project to NamPower, within time, costs and quality parameters, of national, regional and international engineering standards and industry best practices,” ANIREP Managing Director Iyaloo ya Nangolo said.
NamPower Managing Director Kahenge Haulofu has welcomed the timely completion of the project.
“The successful completion of NamPower’s first fully owned and operated utility scale renewable energy Plant serves as evidence of the hard work, dedication, and collaboration of all parties involved. This is one of the first of our strategic renewable generation projects that were determined and sanctioned by the Minister of Mines and Energy in 2018. This power plant is indeed a Namibian product for the Namibian people, as the entire workforce involved in this project were Namibians. NamPower hereby congratulates the EPC Contractor for fulfilling their obligations under the Contract,” he said.
The power station located on the outskirts of Omaruru, was constructed by a Joint Venture between HopSol Africa a subsidiary of ANIREP and Tulive Private Equity and has a capacity to power around 18,500 homes.
As per the National Integrated Resource Plan (NIRP), Namibia is targeting to increase the commercial installed renewable energy generation in the country from the current 150MW to 760MW by 2025.
ANIREP was created to provide a bridge for Capital Markets into Infrastructural Renewable Energy Projects. The Company’s intention is to provide investors with solid, predictable, and long-term yielding investments generating a consistent return on equity over the long term.
