Namibia Receives 148 Green Energy Proposals Valued at N$16.5 Billion Under NGH2P
The Namibian government has received 148 project proposals for green industrialisation under the Namibia Green Hydrogen Programme, representing potential investments of approximately US$1 billion (N$16.5 billion). The proposals, discussed in a workshop in Windhoek, cover various sectors including clean energy, industrial development, and climate-smart agriculture. The initiative aims to mobilise over US$1 billion in total investment, supported by concessional climate finance of up to US$250 million, to enhance Namibia's low-carbon industrial development.
Theia Market Signal Identification - AI Assisted
Namibia's government has received 148 proposals for green industrialisation projects under the Namibia Green Hydrogen Programme, indicating potential investments of around US$1 billion (N$16.5 billion). The proposals were discussed during a workshop in Windhoek and span multiple sectors, including clean energy and climate-smart agriculture.
The initiative aims to mobilise over US$1 billion in investments, supported by US$250 million in concessional climate finance. Of the submissions, 77 projects align closely with the programme's objectives. The next steps involve detailed assessments and non-disclosure agreements for project developers to facilitate investment readiness and final decisions.
Comments