{"id":24873,"date":"2022-07-14T14:45:49","date_gmt":"2022-07-14T14:45:49","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/anirep-ifc-seek-local-renewable-energy-expansion"},"modified":"2022-07-14T15:02:29","modified_gmt":"2022-07-14T15:02:29","slug":"anirep-ifc-seek-local-renewable-energy-expansion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/anirep-ifc-seek-local-renewable-energy-expansion","title":{"rendered":"ANIREP, IFC seek local renewable energy expansion"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Alpha Namibia Industries Renewable Power Limited (ANIREP) and the International Finance Corporation (IFC) have entered into a collaboration agreement to determine the viability of developing a 10 to 20 MW independent solar power plant to pilot the new Modified Single Buyer Model in Namibia.<\/p>\n

According to a notice to shareholders from sponsoring broker, Cirrus Securities, this is expected to take an estimated nine months from the effective date.<\/p>\n

The new Modified Single Buyer Model (MSBM) in Namibia was established by the Electricity Control Board in 2019 to allow independent power producers (IPPs) to sell electricity directly to customers, including regional electricity distributors, large industrial and mining companies, municipalities and local authorities.<\/p>\n

\u201cThe objective is to implement a successful solar project to supply energy to a portfolio of customers, also referred to as an aggregator model, under the MSBM.<\/p>\n

ANIREP and the IFC will work on the development and implementation of the aggregation model to, inter alia, confirm tariffs and validate the business model, as well as identify the tools and operational requirements for potential scalability in Namibia and across the region\u201d the notice reads.<\/p>\n

\u201cI\u2019m pleased to have achieved this significant partnership with IFC, which provides capacity and momentum for ANIREP on its journey to contributing to the development and supply of at least 30% of the renewable energy in the country. This is on the back of the healthy pipeline of projects in the ANIREP stable, including the recent award to construct and operate an 18.5 MW solar plant for Dundee Precious Metals Tsumeb under the MSB model, in addition to the 20MW solar PV Khan IPP, which broke ground in March 2022, plus the inauguration last month of the 20 MW Omburu EPC and Operation & Maintenance project with NamPower.<\/p>\n

On completion, ANIREP will be supplying over 50 MW solar PV as an Independent Power Producer,\u201d said ANIREP managing director Iyaloo Nangolo.<\/p>\n

ANIREP\u2019s subsidiary HopSol Africa has been involved in the construction of a significant portion of existing PV power plants in Namibia. IFC country manager for Namibia Adamou Labara said: \u201cWe look forward to working with ANIREP to support the expansion of renewable, accessible and sustainable energy in Namibia, and to drive the implementation of the Modified Single Buyer model. IFC is working across the region to support partners to make the energy transition through innovative models\u201d.<\/p>\n

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

Africa-Press – Namibia. Alpha Namibia Industries Renewable Power Limited (ANIREP) and the International Finance Corporation (IFC) have entered into a collaboration agreement to determine the viability of developing a 10 to 20 MW independent solar power plant to pilot the new Modified Single Buyer Model in Namibia. According to a notice to shareholders from sponsoring […]<\/p>\n","protected":false},"author":84,"featured_media":24872,"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-24873","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":"\nANIREP, IFC seek local renewable energy expansion - Namibia<\/title>\n<meta name=\"description\" content=\"Alpha Namibia Industries Renewable Power Limited (ANIREP) and the International Finance Corporation (IFC) have entered i ...\" \/>\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\/anirep-ifc-seek-local-renewable-energy-expansion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ANIREP, IFC seek local renewable energy expansion\" \/>\n<meta property=\"og:description\" content=\"Alpha Namibia Industries Renewable Power Limited (ANIREP) and the International Finance Corporation (IFC) have entered i ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/anirep-ifc-seek-local-renewable-energy-expansion\" \/>\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=\"2022-07-14T14:45:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-14T15:02:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/07\/postQueueImg_7-62d02fe0c209b.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"432\" \/>\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=\"2 minutes\" \/>\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\/anirep-ifc-seek-local-renewable-energy-expansion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/anirep-ifc-seek-local-renewable-energy-expansion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"ANIREP, IFC seek local renewable energy expansion\",\"datePublished\":\"2022-07-14T14:45:49+00:00\",\"dateModified\":\"2022-07-14T15:02:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/anirep-ifc-seek-local-renewable-energy-expansion\"},\"wordCount\":403,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/anirep-ifc-seek-local-renewable-energy-expansion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/07\/postQueueImg_7-62d02fe0c209b.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\/anirep-ifc-seek-local-renewable-energy-expansion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/anirep-ifc-seek-local-renewable-energy-expansion\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/anirep-ifc-seek-local-renewable-energy-expansion\",\"name\":\"ANIREP, IFC seek local renewable energy expansion - 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