BENEFITS FOR NAMIBIA
The Renewstable® Swakopmund power plant is rightfully positioned at a load center of the country, and thereby reduces power losses across the national grid, as well as Namibia's dependence on imports and vulnerability to rapidly rising electricity prices in the region.
It also contributes to the self-sufficiency of the national grid, today dependent on neighboring countries for its regulation, protection, and restoration.
CLEAN & STABLE ENERGY ACCESS
The Renewstable® Swakopmund project improves the Namibian people’s access to reliable, stable, and zero carbon baseload electricity. The project will deliver 24/7 electricity to more than 140,000 citizens throughout the year.
No fossil fuels, chemical, or toxic substances are involved in the project. The project fully relies on renewable energy resources and hydrogen storage, it runs using minimal water in a closed loop system. The Renewstable® Swakopmund will also deliver baseload power ensuring security of supply and support grid stability.
Jobs, Skills and SMEs Impact Strategy
The project will create 300 direct jobs during its construction phase and 45 during its operational phase with more jobs created indirectly across the value chain.
The project also aims to contribute to the knowledge base and development of the green hydrogen economy in Namibia through partnerships with universities and training institutions.
An Impact Plan, or Skills and SMEs Impact Strategy, is being elaborated, to be deployed alongside the project implementation. The plan aims at maximizing the positive impact of the project for the country and its people.
Making the project impactful, not as a matter of ticking boxes, but truly is in the core of the local leadership, as much as supported by HDF headquarters.
The project reduces energy dependency and cost of fossil fuel consumption. The project has high replicability potential in other regions of Africa. In addition, the Renewstable® supports the Namibian government’s efforts in achieving the national goals in the Harambee Prosperity Plan II for Green Hydrogen as an economic enabler.
The Renewstable® project will be built to withstand the local weather conditions of the surrounding Swakopmund area. Using the most advanced technology, the solar plant is tailored to the region and unique geographic condition. The energy storage elements are containerized within a safety zone to minimize the impact on the land. The locally produced electricity enhances Namibia’s resilience by reducing the country’s energy dependency on neighboring countries.