Standard Bank Finances N$140m Solar Power Plant

Standard Bank Finances N$140m Solar Power Plant

- in Energy, Solar, Solar Projects

“As a bank we are committed to the renewable initiative in our country in pursuit of self-sufficiency and security of supply,” said Standard Bank’s head of commercial property finance Manus Grobler.

HopSol commissioned the Solar PV plant (5,6 MW) in November.

Chief executive officer of HopSol, Robert Hopperdietzel said the plant was the first of eight plants the company plans to set up in Namibia.

“We are looking for a long-term partnership of N$800 million finance over a period of three to four years for our solar plants in the country,” he said.

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