Renewable energy opportunities for Namibia

Namibia’s abundant world-class wind and solar resources present significant opportunities for the country. Backed by robust policies to help harness these resources, renewable energy could play a central role in advancing Namibia’s vision for sustainable development and economic growth driving local value creation and industrialization. Renewables can reduce the country’s reliance on expensive electricity imports, improve energy security, and lower costs for consumers, thereby fostering a more resilient and sustainable power sector. Renewables can also help Namibia achieve universal electricity access, particularly in remote areas through off-grid solutions. The mining industry, which plays a central role in the country’s economy, can also benefit from renewables. By reducing energy costs and lowering emissions, they can improve mining operations and enhance the global competitiveness of Namibia mineral products, as demand for sustainably sourced minerals is set to grow. This report explores the opportunities renewables offers in Namibia and how they can support the country’s development vision by integrating socio-economic considerations to achieve broader development goals.