We are the first commercial bank to finance a multi-million dollar solar power generation in Namibia. The N$170-million loan came after we signed the deal with HopSol Power Generation last month.
This is a signature deal for us and we are proud to be partners and associated with this achievement by being the first commercial financial institution to finance a solar park in Namibia. We are committed to renewable initiatives. We are committed to sustainability through growth and developing Namibia’s natural resources by supporting renewable power initiatives.
HopSol has commissioned the largest Solar PV plant (5.6 MW) in Otjiwarongo, Namibia in November 2015 and this is just the start of the first out of 8 projects in Namibia.
Photo caption: HopSol Power Generation (Pty) Ltd 5.6 MW Solar Photovoltaic (PV) plant commissioned in Otjiwarongo, Namibia in November 2015