Italy’s Enertronica acquires 6MW solar plant in Namibia

Facebook
Twitter
LinkedIn
Reddit
Email
he incentive tariff for the photovoltaic farm will be valid for 25 years and it will be equal to 1,37 Namibian dollars for every kWh produced. Source: Flickr - NASA Goddard Space Flight Center

Italian renewable energy firm Enertronica has acquired a US$7.98 million 6MW PV plant in Namibia, under a 25-year PPA with NamPower, at an initial value of 1.37 Namibian dollars per kWh (US$0.090 per kWh).

The project was carried out through Enertronica acquiring 70% of Sertum Energy Namibia, a special-purposes company in possession of the authorisation securities and the incentive tariff signed with NamPower.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Enertronica itself is responsible for providing, in EPC modality, the plant with an investment that will be financed by local banks, according to the company. The US$7.96 million investment (€7 million) should be achieved by the end of this year. The EPC of the plant will be taken care of by Enertronica’s South African subsidiary, who is currently building two PV plants in South Africa with a combined capacity of around 177MW. The balance of systems, including mono-axial tracking systems, will be provided by the EMS Pty company, an offshoot of the Enertronica Group.

Vito Nardi, Enertronnica CEO said in a statement: “By achieving this operation, Enertronica starts a new business line. Being understood that the group will always focus on the realization on behalf of third parties, in EPC modality, of large photovoltaic power plants, Enertronica, through this acquisition, starts building its own plants that will later be placed on a secondary market. The construction of these plants will have a synergistic effect on all the companies of the group and will allow an increase in the margins associated to the construction phase. Moreover, important gains will be expected during a potential assets sale. Focusing on this subject, it is highly likely that similar opportunities will be seized by Enertronica and by the other Group companies in 2016.”

Read Next

August 28, 2025
Bahraini, Chinese, Egyptian and Emirati groups have agreed to develop a new solar and storage manufacturing facility in Egypt
August 27, 2025
Solargis' Marcel Suri reports on the mixing of datasets in solar project planning to artificially enhance financial attractiveness.
Premium
August 26, 2025
Africa imported over 15GW of panels from China in the 12 months to June 2025, a 60% increase over the imports recorded in the prior year.
August 22, 2025
Polish independent power producer (IPP) R.Power plans to sell a 440MW ready-to-build PV portfolio in its home country.
August 21, 2025
Canadian Solar shipped 7.9GW of modules in the second quarter of this year, a 14% quarter-on-quarter increase.
August 21, 2025
Qair has secured a US$5.7 million senior debt facility to finance the development of a 5.8MW floating solar (FPV) project in Seychelles.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines