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Namibia Targets Renewable Energy Independence
Key Figures & Findings: Namibia is seizing its renewable energy potential with a government-backed goal to produce 80% of its electricity domestically by 2028, primarily through solar and wind projects. Currently, Namibia relies on imports for 60-70% of its electricity, which raises costs. The government’s focus on renewable energy aligns with policies like Vision 2030 and the Harambee Prosperity Plans, which support sustainable growth, energy security, and socio-economic development. The mining sector, a cornerstone of Namibia’s economy, could greatly benefit from renewable power, reducing operational costs and emissions.
Statistics & Insights: Namibia aims to achieve 7 million tons of green hydrogen production by 2040, relying on seawater desalination powered by renewables to ensure a sustainable supply chain. With approximately 45% of Namibians still lacking electricity access, renewable projects are expected to bring electricity, particularly to rural areas.
Future Implications: By securing investment partnerships, Namibia’s commitment to renewables may create industrial opportunities that reduce poverty and promote local skill development across the country.