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America supports Namibia’s energy ambitions

Augetto Graig
The USA has agreed to collaborate with Namibia to support the development of renewable energy locally. The deputy assistant secretary of the USA’s state department, Kim Harrington, was in Windhoek this month to sign the memorandum of understanding (MoU) with the mines and energy minister Tom Alweendo.

Along with the US ambassador to Namibia, Randy Berry, deputy energy minister Kornelia Shilunga was also present. "By working together, we will generate growth, ensure access to reliable energy and protect our environment for future generations," she said. Renewable energy development is about creating opportunities for all Namibians, she added.

Last Thursday, Alweendo said the five-year agreement offers a framework for cooperation, focusing on solar power, wind power and green hydrogen development. "I hope this MoU will enhance our existing collaboration with the USA," he said.

Namibia aims to achieve universal access to electricity in the country by 2040, said Alweendo, adding that Namibia wants to generate 80% of its power demand locally by 2030.

“We also recently introduced our green industrialisation strategy. All of this will require more energy than we currently have. If we want to reach these ambitious targets, we will need to change the way we generate energy,” he said.



Clear interest

Harrington said many parts of her government are eager to collaborate with Namibia. This includes the US Agency for International Development (USAID) through its Power Africa initiative, the Department of Commerce and Energy, the Export-Import Bank, the US Trade and Development Agency, the Small Business Administration, and the Development Finance Corporation, she said.

“American companies in the private sector are also clearly interested in operating in Namibia. From the US firm Plug Power’s electrolysers for clean hydrogen plants to more traditional energy sector companies like Chevron and ExxonMobil, the American private sector plays a significant role in Namibia’s energy sector – a role that we wish to continue and expand,” she said.

“Namibia has tremendous potential in its energy sector, and we are excited to work actively to achieve our shared goals,” she added.

Berry highlighted that energy is a critical component of sustainable development and economic growth. "Under this agreement, we will share expertise and resources to enhance Namibia’s energy security, expand and diversify energy sources, and support Namibia’s vision to become a net exporter of renewable energy and a regional leader in clean energy solutions," he said.

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Namibian Sun 2024-10-18

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Katima Mulilo: 22° | 39° Rundu: 21° | 38° Eenhana: 19° | 37° Oshakati: 20° | 37° Ruacana: 18° | 37° Tsumeb: 23° | 35° Otjiwarongo: 18° | 33° Omaruru: 17° | 33° Windhoek: 16° | 30° Gobabis: 16° | 33° Henties Bay: 12° | 18° Wind speed: 22km/h, Wind direction: S, Low tide: 09:33, High tide: 03:44, Low Tide: 22:02, High tide: 15:58 Swakopmund: 13° | 15° Wind speed: 25km/h, Wind direction: SW, Low tide: 09:31, High tide: 03:42, Low Tide: 22:00, High tide: 15:56 Walvis Bay: 13° | 21° Wind speed: 37km/h, Wind direction: SW, Low tide: 09:31, High tide: 03:41, Low Tide: 22:00, High tide: 15:55 Rehoboth: 12° | 31° Mariental: 15° | 31° Keetmanshoop: 14° | 31° Aranos: 14° | 32° Lüderitz: 13° | 24° Ariamsvlei: 14° | 29° Oranjemund: 11° | 18° Luanda: 24° | 25° Gaborone: 19° | 35° Lubumbashi: 18° | 37° Mbabane: 13° | 27° Maseru: 12° | 26° Antananarivo: 15° | 27° Lilongwe: 21° | 33° Maputo: 18° | 29° Windhoek: 16° | 30° Cape Town: 14° | 16° Durban: 18° | 22° Johannesburg: 19° | 29° Dar es Salaam: 25° | 30° Lusaka: 21° | 36° Harare: 17° | 32° Currency: GBP to NAD 22.87 | EUR to NAD 19.05 | CNY to NAD 2.47 | USD to NAD 17.57 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.27 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.1 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 133.06 | USD to AOA 909.05 | USD to BWP 13.35 | USD to EGP 48.58 | USD to KES 128.5 | USD to NGN 1652.16 | USD to ZAR 17.57 | USD to ZMW 26.66 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1868.93 Up +0.75% | Casablanca Stock Exchange (CSE) MASI 14125.26 Up +2.10% | Egyptian Exchange (EGX) 30 Index 30143.86 Down -1.31% | Botswana Stock Exchange (BSE) DCI 9834.64 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 711.55/OZ UP +0.66% | Copper US$ 4.39/lb UP +1.55% | Zinc US$ 3 101.30/T UP 1.52% | Brent Crude Oil US$ 74.75/BBP UP +0.05% | Platinum US$ 1 008.37/OZ UP +1.40% Sport results: Weather: Katima Mulilo: 22° | 39° Rundu: 21° | 38° Eenhana: 19° | 37° Oshakati: 20° | 37° Ruacana: 18° | 37° Tsumeb: 23° | 35° Otjiwarongo: 18° | 33° Omaruru: 17° | 33° Windhoek: 16° | 30° Gobabis: 16° | 33° Henties Bay: 12° | 18° Wind speed: 22km/h, Wind direction: S, Low tide: 09:33, High tide: 03:44, Low Tide: 22:02, High tide: 15:58 Swakopmund: 13° | 15° Wind speed: 25km/h, Wind direction: SW, Low tide: 09:31, High tide: 03:42, Low Tide: 22:00, High tide: 15:56 Walvis Bay: 13° | 21° Wind speed: 37km/h, Wind direction: SW, Low tide: 09:31, High tide: 03:41, Low Tide: 22:00, High tide: 15:55 Rehoboth: 12° | 31° Mariental: 15° | 31° Keetmanshoop: 14° | 31° Aranos: 14° | 32° Lüderitz: 13° | 24° Ariamsvlei: 14° | 29° Oranjemund: 11° | 18° Luanda: 24° | 25° Gaborone: 19° | 35° Lubumbashi: 18° | 37° Mbabane: 13° | 27° Maseru: 12° | 26° Antananarivo: 15° | 27° Lilongwe: 21° | 33° Maputo: 18° | 29° Windhoek: 16° | 30° Cape Town: 14° | 16° Durban: 18° | 22° Johannesburg: 19° | 29° Dar es Salaam: 25° | 30° Lusaka: 21° | 36° Harare: 17° | 32° Economic Indicators: Currency: GBP to NAD 22.87 | EUR to NAD 19.05 | CNY to NAD 2.47 | USD to NAD 17.57 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.27 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.1 | RUB to NAD 0.18 | INR to NAD 0.21 | USD to DZD 133.06 | USD to AOA 909.05 | USD to BWP 13.35 | USD to EGP 48.58 | USD to KES 128.5 | USD to NGN 1652.16 | USD to ZAR 17.57 | USD to ZMW 26.66 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1868.93 Up +0.75% | Casablanca Stock Exchange (CSE) MASI 14125.26 Up +2.10% | Egyptian Exchange (EGX) 30 Index 30143.86 Down -1.31% | Botswana Stock Exchange (BSE) DCI 9834.64 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 711.55/OZ UP +0.66% | Copper US$ 4.39/lb UP +1.55% | Zinc US$ 3 101.30/T UP 1.52% | Brent Crude Oil US$ 74.75/BBP UP +0.05% | Platinum US$ 1 008.37/OZ UP +1.40%