Anirep acquires HopSol Power Generation
THE capital-for-energy mobiliser, Alpha Namibia Industries Renewable Power Limited (Anirep) has acquired a majority shareholding in HopSol Power Generation, the company announced on the Namibian Stock Exchange on Tuesday.
Power for the people
ENERGY and more specifically the availability of electricity to power the economy is a challenge that has and continues to haunt us all, as Namibia is a net importer of power. The country will likely continue importing power until the end of the next decade.
Cabinet approves revised electricity supply model
Cabinet has approved the revised Single Buyer Market Model for the Supply of Electricity which allows more for independent power producers (IPPs) to compete, to be implemented in September this year. The modified model allows electricity consumers and IPPs to transact with each other directly for the supply of electricity, to allow for competition and to allow for private sector investment.
