TerraWatt has announced that it has been granted a generation license for a 50 MW solar project in the Gobabis district, Omaheke Region, by the Namibian Ministry of Mines and Energy (MME).
The development follows an application process that began 1.5 years ago.
“We are thrilled to have reached this milestone, and we’re grateful for the support of our partners and stakeholders in Namibia and the Ministry of Mines and Energy,” said TerraWatt CEO Alex Nelis.
“This project exemplifies our long-term commitment to advancing local renewable energy in Namibia and demonstrates the impact that collaborative, sustainable development can have on a national scale.”
The Dutch renewable energy company said that it is dedicated to progressing the project through its next phases, which include finalizing funding, detailed engineering, procurement, construction, and operations & maintenance.
“This project aligns with our strategic goals to expand our renewable energy portfolio and underscores our commitment to sustainable energy solutions worldwide,” TerraWatt said.
As part of its investment in Namibia, TerraWatt has committed to supporting one Young Africa Namibia student for each MW developed and built.
“This means that 50 underprivileged students will receive a future-proof education in solar energy. This program will also bring Dutch expertise to Namibia in other sectors, such as tourism and agriculture.”
Founded in 2017, TerraWatt began with the mission of providing Dutch homes and companies with solar panels.