{"id":63151,"date":"2024-02-17T17:47:48","date_gmt":"2024-02-17T17:47:48","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/inceptus-energy-secures-financing-for-unam-solar-project"},"modified":"2024-02-17T19:51:26","modified_gmt":"2024-02-17T19:51:26","slug":"inceptus-energy-secures-financing-for-unam-solar-project","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/inceptus-energy-secures-financing-for-unam-solar-project","title":{"rendered":"Inceptus Energy secures financing for Unam solar project"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Inceptus Energy, a public-private partnership between Alensy Energy Solutions (Alensy) and Inceptus Holding (Inceptus), the business arm of the University of Namibia (Unam), has secured funding from the Development Bank of Namibia (DBN) and Old Mutual Namibia for a groundbreaking solar project at the university.<\/p>\n

This partnership marks a significant milestone in advancing sustainable energy utilisation, with the project boasting an installed solar PV capacity of 3.68 MW along with a 657 kVA peak shaving solution.<\/p>\n

Developed by Alensy, the project showcases the fruitful collaboration between the public and private sectors in advancing renewable energy objectives.<\/p>\n

\u201cAs a leading investor, developer, contractor and ecosystem player in Namibia\u2019s renewable energy sector, we are proud to contribute to this innovative project,\u201d said Norbert Do\u0308rgeloh, CEO of Alensy.<\/p>\n

\u201cTogether with our partners, we are driving positive change and creating a brighter future for Namibia.\u201d<\/p>\n

In addition to environmental benefits, the project holds significant economic promise for the country. \u201cInvesting in renewable energy projects like this is not only beneficial for the environment but also for our economy,\u201d remarked Christoff Bauernschmitt, Head of Alternative Investments at Old Mutual.<\/p>\n

\u201cWe are thrilled to be part of this initiative that aligns with our commitment to sustainable development.\u201d<\/p>\n

Construction on the project commenced in quarter 2 of 2023 and is on track for completion by the end of the first quarter of 2024. \u201cThe financing of this project represents DBN\u2019s concerted focus towards financing green industrialisation and infrastructure development in a sustainable manner,\u201d noted Hellen Amupolo, Head of Investments at DBN.<\/p>\n

\u201cBy supporting renewable energy initiatives, we are not only fostering job creation but also cementing the groundwork for a green and industrialised Namibia,\u201d she added.<\/p>\n

Additionally, IJG played a crucial role in arranging both debt and equity for the transaction. \u201cIJG\u2019s expertise and commitment were instrumental in facilitating the financing and ensuring the project\u2019s successful execution,\u201d added Jakob de Klerk, Managing Director at IJG Capital. \u201cWe are proud to support initiatives that drive sustainable development and contribute to Namibia\u2019s energy transition.\u201d<\/p>\n

Evaristus Evaristus, CEO of Inceptus, emphasized the project\u2019s role as a testament to the University\u2019s dedication to sustainability, hoping it will serve as an inspiration for similar initiatives elsewhere.<\/p>\n

Prof Kenneth Matengu, Unam\u2019s Vice Chancellor, highlighted that Inceptus Energy\u2019s investment in this renewable energy plant not only supports in downsizing the university\u2019s dependence on non-renewable energy but also plays a significant part in reducing energy expenses, thereby generating savings.<\/p>\n

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

Africa-Press – Namibia. Inceptus Energy, a public-private partnership between Alensy Energy Solutions (Alensy) and Inceptus Holding (Inceptus), the business arm of the University of Namibia (Unam), has secured funding from the Development Bank of Namibia (DBN) and Old Mutual Namibia for a groundbreaking solar project at the university. This partnership marks a significant milestone in […]<\/p>\n","protected":false},"author":84,"featured_media":63150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[234,236,233],"class_list":["post-63151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nInceptus Energy secures financing for Unam solar project - Namibia<\/title>\n<meta name=\"description\" content=\"Inceptus Energy, a public-private partnership between Alensy Energy Solutions (Alensy) and Inceptus Holding (Inceptus), ...\" \/>\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\/inceptus-energy-secures-financing-for-unam-solar-project\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inceptus Energy secures financing for Unam solar project\" \/>\n<meta property=\"og:description\" content=\"Inceptus Energy, a public-private partnership between Alensy Energy Solutions (Alensy) and Inceptus Holding (Inceptus), ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/inceptus-energy-secures-financing-for-unam-solar-project\" \/>\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=\"2024-02-17T17:47:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-17T19:51:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/02\/sm_1708185437.790795.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"327\" \/>\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\/inceptus-energy-secures-financing-for-unam-solar-project#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/inceptus-energy-secures-financing-for-unam-solar-project\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Inceptus Energy secures financing for Unam solar project\",\"datePublished\":\"2024-02-17T17:47:48+00:00\",\"dateModified\":\"2024-02-17T19:51:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/inceptus-energy-secures-financing-for-unam-solar-project\"},\"wordCount\":430,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/inceptus-energy-secures-financing-for-unam-solar-project#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/02\/sm_1708185437.790795.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/inceptus-energy-secures-financing-for-unam-solar-project#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/inceptus-energy-secures-financing-for-unam-solar-project\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/inceptus-energy-secures-financing-for-unam-solar-project\",\"name\":\"Inceptus Energy secures financing for Unam solar project - 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