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The Capricorn Foundation partnered with Greenville Solars: Edu-Light Project last week and handed over solar lamps to 317 learners of Havana High School. The school is the first of ten recipient schools receiving 1200 lights donated by the Capricorn Foundation, valued at N$294,000.
The deputy director of the Solar Revolving Fund (SRF) has called on small and medium business operators in Namibia to apply for the installation of solar energy. The SRF is a credit facility established by the ministry in 1996 to stimulate the use of renewable energy, mostly by people living in off-grid areas.
The Executive Director of the Ministry of Mines and Energy, Bryan Eiseb, has announced that the Solar Revolving Fund (SRF) aims to finance 400 off-grid households during the current financial year. Solar Revolving Fund offers subsidised loans to Namibian citizens at an interest rate of five percent per annum over a five-year period.
Namibia has been sold to the world as having the best sunlight for solar energy, but not many households have set up solar panels on their roofs. Data from the Namibia Statistics Agency shows that less than 10% of households use solar energy. This is despite constant complaints about the ever-increasing cost of electricity over the past years.
Namibia is among a few countries in Africa where the production of solar modules is already cost-competitive with equivalent manufacturing in China. Despite a complicated investment environment, manufacturing on the continent is growing fast with sub-Saharan Africa recording a four-fold increase in value since the turn of the century.
Namibia’s solar market is booming with the country attracting fresh investments and new players. With a focus on both grid-connected and off-grid projects, the country aims to connect 80% of its population to renewables by 2025.
Namibia has made tremendous progress lately towards attaining its targets for renewable energy. The construction of a feed-in tariff system and the implementation of a Renewable Energy Feed-In Premium (REFIT) programme are just two examples of government policies and regulations that support investments in renewable energy.
Efforts are underway to establish carbon markets in Namibia – a trading system in which carbon credits are sold and bought to reduce greenhouse gas emissions and reduce the impact of climate change. The project is funded by the Japanese government to the tune of US$1 million.
A new solar tracker that is completely self-supporting in generating and storing energy to be tested in Namibia. The Ecoplant solar tracker comes in different sizes and can be placed remotely as it is completely self-supporting in generating and storing energy. At the same time, it can be used as a platform for flood safety lights.

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