The Namibian government is determined to bridge the gap between domestic power generation and total consumption of renewable energy.
This was said by mines and energy minister Tom Alweendo on Thursday, at the signing of a renewable energy sector agreement with United States (US) ambassador to Namibia Randy Berry.
He said Namibia is actively pursuing regulatory reforms to promote transparency and attract international investors, and is committed to making the country an attractive investment destination for renewable energy.
According to a joint statement released after the signing ceremony, the agreement is aimed at reducing or eliminating barriers to investment and attaining Namibia’s Vision 2030 strategy by expanding the country’s renewable energy generation.
Alweendo said the agreement serves as a vital framework for collaboration and is an essential part of the country’s broader national ambitions.
“Through this partnership with the US, we will explore innovative technologies and enhance our capacity in key areas such as solar and wind energy,” he said.
The Ministry of Mines and Energy and the US Agency for International Development’s Power Africa Initiative will be responsible for the implementation of this agreement, notes the statement.
Alweendo acknowledged the importance of regional collaboration in achieving shared renewable energy goals, such as working with neighbouring countries, which will enhance Namibia’s collective energy stability and foster economic growth throughout the southern African region.
Berry said the agreement underscores a shared commitment to Namibia’s sustainable economic growth and industrialisation.
“It also reflects the strong partnership between our two nations, built on mutual respect and a common vision for a prosperous future,” Berry added.
Deputy assistant secretary Kimberly Harrington said: “This process took time, which reflects the vast number of players from the US government who are eager to partner with Namibia. We are excited to be actively working to achieve our shared objectives.”
The signing of the agreement was witnessed by mines and energy deputy minister Kornelia Shilunga, and Harrington, who leads the US government’s global portfolio advancing US energy security, energy access and decarbonisation goals.
The agreement will be operative for a period of five years. – email: matthew@namibian.com.na
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