O&L Nexentury invests over N$1b in solar PV


WITH an investment of over N$1 billion, Ohlthaver and List (O&L) Nexentury, a division of the O&L Group, plans to set up a 100-megawatt (MW) solar photovoltaic (PV) project near Windhoek.

This comes after the Electricity Control Board and the Ministry of Mines and Energy granted O&L Nexentury an electricity generation and export licence, clearing the path for the start of the project.

Both licences have a remarkable 25-year validity term.

Project Managing Director, Bernd Walbaum expressed excitement after the granting of licences, saying the project will increase the supply of clean energy locally and outside the country’s borders.

“As part of our O&L Group purpose, ‘Creating a future, improving life,’ this project promises to make a positive addition to the creation of renewable energy in the country and speaks to our commitment to increasing clean and sustainable energy solutions,” Walbaum said.

He added that the solar plant’s planned link to one of NamPower’s largest substations would make possible a substantial and dependable energy connection.

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