Namibia has all the potential to become a renewable energy hub, thanks to its unique favourable factors.
Namibia is one of the most peaceful countries in Africa. Given its political stability, Namibia has created a strong economic environment which is conducive for new investors. Political stability has helped and allowed Namibia to become a progressive country, however, socio-economic inequalities remain high and the negative impact of the COVID-19 pandemic has reversed certain economic gains Namibia had achieved
The Namibian government considers green hydrogen as an emerging market opportunity with the potential to spur national and regional economic growth. As such, the government is supporting the green hydrogen industry and is developing the required framework. In 2022, a green hydrogen strategy was launched at COP27 in Egypt which will enable Namibia to remain a frontrunner in this industry.
Green Hydrogen Namibia Programme (GH2 Namibia) has now been appointed to carry out this strategy.
Namibia has high solar irradiation values which clearly stand - out even by African standards - and rank among the highest in the world. With approximately 300 sunny days and over 3,000 sun hours per year, the annual solar irradiation reaches values of 2,200 to 2,400 kWh/m². Due to the constantly high irradiation, solar panel systems in Namibia generate 2.5x as much electricity compared to systems in Germany on an annual average.
Namibia has a low population density which means that there is ample available land for large-scale renewable energy projects. With a surface area of 825,103 km2 Namibia is approximately as large as Germany and France combined. Although with its 2.6 million inhabitants it’ population is just a few percentages of it's population in these countries. Namibia’s population is comparable to that of Paris alone.
Walvis Bay is an infrastructural hotspot in Namibia and Western Africa. Walvis Bay hosts not only Namibia’s largest commercial port but also an international airport. A harbour requires hard infrastructure like an electricity grid, water pipelines, railway and roads. This infrastructure has been developed over the past decades to enable economic growth.
The port of Walvis Bay handles container imports, exports and trans-shipments, as well as bulk and break-bulk of various commodities. Namport serves a wide range of industries such as the petroleum, salt, mining and fishing industries. Walvis Bay is a strategically located port on the international trade route from the Cape of Africa to Europe. Furthermore it has been identified as a promising bunker hub for the (iron ore) trade between Brazil and China.