Namibia boosts electricity production with private wind and solar investments, including InnoVent's new Diaz wind farm.
Namibia expands renewable energy with wind farm
Namibia is boosting its electricity production through private investments in wind and solar energy. The French developer InnoVent recently inaugurated the Diaz wind farm near Lüderitz, marking a significant step in the country’s energy transition.Diaz wind farm details and capacity
The Diaz wind farm features 11 turbines and is expected to generate 240 gigawatt-hours (GWh) annually, which accounts for about 6% of Namibia’s total electricity consumption. The project has a 50 MW installed capacity, though only 44 MW is connected to the grid, as noted in official environmental documents.Financial aspects and contracts
The project has a 25-year electricity purchase agreement with the public utility NamPower. Standard Bank estimated the project's cost at 1.9 billion Namibian dollars (around 114.1 million USD) in May 2025, with 1.2 billion Namibian dollars coming from bank financing.InnoVent's existing projects in Namibia
InnoVent has been active in Namibia since 2011 through its subsidiary InnoSun. Before the Diaz wind farm’s inauguration, the company stated it had a portfolio of 32 MW of solar and 6 MW of wind energy, including the Ombepo park.Namibia's reliance on imported electricity
Despite these developments, Namibia still relies heavily on imported electricity. In August 2026, 65% of the electricity supplied to the economy was imported, according to the Namibia Statistics Agency. This highlights the need for continued investment in local energy production.Solar energy initiatives complement wind projects
In addition to wind energy, solar power is also crucial for strengthening the local electricity supply. A consortium led by JCM Power recently secured the contract for the 20 MW Naruchas project, which is part of a broader program of six solar power plants totaling 120 MW. NamPower plans to develop these through independent producers.