Namibia Receives World Bank Funding for Renewable Power Buildout

Namibia Receives World Bank Funding for Renewable Power Buildout

NEW DELHI--May 10, 2024-- Researched by Industrial Info Resources (Sugar Land, Texas)--In a bid to bolster Namibia's renewable energy infrastructure, the World Bank has sanctioned a US$138.5 million financing package. The initiative aims to fortify the nation's transmission network, facilitating the integration of additional renewable energy projects into the grid.

Industrial Info is tracking 12 renewable energy projects, worth nearly US$3 billion, in Namibia.

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