{"id":12149,"date":"2022-02-14T18:12:58","date_gmt":"2022-02-14T18:12:58","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy"},"modified":"2022-02-14T18:38:08","modified_gmt":"2022-02-14T18:38:08","slug":"novanam-invests-n36m-in-solar-energy","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy","title":{"rendered":"NovaNam invests N$36m in solar energy"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>L\u00fcderitz-based NovaNam will generate 317.000 kilowatts per month with their solar investment project where the company has embedded its sustainability strategy and invested about N$36 million in two photovoltaic solar projects, which is a success story in the renewable energy sector.<\/p>\n

The solar plant was installed by SolarSaver, a Namibian company, and will not only generate 317.000 kilowatts per month, but will decrease the company\u2019s annual CO2 emissions by 3.932 tons, with an outcome of 2.393 barrels of oil being reduced every year.<\/p>\n

\u201cThe solar project will bring value-addition at our hake-processing plants in L\u00fcderitz and Walvis Bay, respectively. This is against the backdrop of Namibia\u2019s poise to becoming a global player in renewable energy and the United Nations Sustainable Development Goal 7 for 2030,\u2019\u2019 said NovaNam\u2019s managing director Edwin Kamatoto in a press statement last Wednesday. \u201cWe installed solar plants in our hake value-addition processing plants in L\u00fcderitz and Walvis Bay, where 2 300 people are employed in the processing of an average of 100 tons of raw material daily,\u2019\u2019 he noted.<\/p>\n

\u201cThe L\u00fcderitz solar investment is N$30 million, and the photovoltaic solar park rests on a space of 3,132 square metres, including a first of its kind installation on wooden mounted structures in order to manage the rough rocky terrain ubiquitous in this isolated southern Namibian town,\u2019\u2019 Kamatoto explained.<\/p>\n

He emphasised that sustainability is not a part of their strategy, but rather their strategy.<\/p>\n

\u201cBy carrying through with this investment, our company has committed to the use of renewable energy, and this would help contribute to free up other energy sources to meet much-needed developmental and infrastructural goals, especially in L\u00fcderitz and the \/\/Kharas region,\u201d he said.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. L\u00fcderitz-based NovaNam will generate 317.000 kilowatts per month with their solar investment project where the company has embedded its sustainability strategy and invested about N$36 million in two photovoltaic solar projects, which is a success story in the renewable energy sector. The solar plant was installed by SolarSaver, a Namibian company, and […]<\/p>\n","protected":false},"author":84,"featured_media":12148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-12149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nNovaNam invests N$36m in solar energy - Namibia<\/title>\n<meta name=\"description\" content=\"L\u00fcderitz-based NovaNam will generate 317.000 kilowatts per month with their solar investment project where the company h ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NovaNam invests N$36m in solar energy\" \/>\n<meta property=\"og:description\" content=\"L\u00fcderitz-based NovaNam will generate 317.000 kilowatts per month with their solar investment project where the company h ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-14T18:12:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-14T18:38:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/02\/img-620aa168b76e8.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NovaNam invests N$36m in solar energy\",\"datePublished\":\"2022-02-14T18:12:58+00:00\",\"dateModified\":\"2022-02-14T18:38:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy\"},\"wordCount\":296,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/02\/img-620aa168b76e8.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/novanam-invests-n36m-in-solar-energy\",\"name\":\"NovaNam invests N$36m in solar energy - 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