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DBN approves N$164m for Phase Two expansion of Rosh Pinah Solar Park

by reporter
November 28, 2025
in Latest
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The Development Bank of Namibia (DBN) has approved N$164 million to co-fund the expansion of the existing 5.4 MWp Rosh Pinah Solar Park in the //Kharas Region.

The funding builds on the Bank’s initial investment of N$58 million in 2022 for Phase One, which demonstrated the viability of clean energy generation to support both industrial and community needs.

Phase Two consists of an 11 MWp expansion designed to meet up to 30% of the increased annual energy demand of the Rosh Pinah Zinc Mine, driven by the RP2.0 mine expansion. The upgraded plant will also supply up to 30% of the annual electricity requirements of RoshSkor Township, improving energy security for the local community. Construction and commissioning are expected to be completed by August 2026.

Speaking at the signing ceremony, DBN CEO Titus Ndove said the project highlights the role of strategic development finance in strengthening Namibia’s economic resilience.

“The expansion of the Rosh Pinah Solar Park demonstrates our commitment to financing transformative projects that secure Namibia’s energy future. By enabling clean, reliable power for industrial growth and community development, we are accelerating the country’s transition to sustainable energy while unlocking long-term economic value,” he said.

DBN said the investment aligns with its mandate to promote socio-economic development by strengthening infrastructure, supporting regional growth and enhancing national energy security. The Bank noted that the initiative also contributes to economic diversification in the southern region, where activity outside mining remains limited, while reducing Namibia’s reliance on carbon-intensive energy sources.

According to DBN, the expansion project also supports several key UN Sustainable Development Goals, including SDG 7 on affordable and clean energy, SDG 8 on decent work and economic growth, and SDG 13 on climate action.

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