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7 May 2024. Namibia today secured a US$138,5 million, or N$2,6 billion, loan from the World Bank for the expansion of its transmission network and integration of renewable energy into its grid
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They contribute to Namibia''s national green energy security, reduce the national carbon footprint, and greatly reduce the overall energy costs of local operations. The move will also support the efforts aimed at reducing the effects of climate change in Namibia and the SADC Region. "Bank Windhoek is proud to exhibit at this year''s Mining Expo.
Bank Windhoek encourages sustainable living. Bank Windhoek''s Chief Treasurer, Claire Hobbs, said climate change would only be harmful if interventions to increase resilience are not practised worldwide. Hobbs said this when she launched the Bank''s Sustainability Loan Awareness Campaign in Windhoek on Wednesday, 8 March 2023. "Bank Windhoek is
Bank Windhoek also recently introduced a Sustainability Loan product, which aims to avail financing to financially feasible projects with environmental and social benefits such as renewable energy and sustainable agriculture. To ensure accessibility, the Bank assigned a few benefits within defined thresholds targeting individuals and businesses.
Energy Storage System(s) and Photovoltaic Systems on Municipality buildings in the City of Windhoek with financing from the Urban and Municipal Development Fund (UMDF) managed by the African Development Bank. A technical advisor (consulting firm) is hereby invited to indicate their interest in supporting Windhoek in the assignment. 2.
Bank Windhoek is a unit of the Capricorn Group, an investment holding company with interests in banking, insurance and asset management in Namibia, Botswana and Zambia. Eligible projects in Namibia include renewable energy, energy efficiency and resource efficiency, green buildings, sustainable waste management, sustainable
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Principal Facilities Maintenance Engineer. Jul 2023 - Present 1 year. Windhoek, Khomas, Namibia. • Provide oversight and lead the administration of all Facilities services through preventative maintenance plans. • Oversee the repair and maintenance of all critical and general facilities to ensure that they are conducted as per the plan and
The BESS represents a monumental advancement enabling the storage and timely distribution of electricity as per demand, an essential innovation in the country''s energy infrastructure. Facilitating this project is the generous support of the KfW Development Bank, offering 20 million Euros (approx. 400 million Namibian dollars) in
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Today marks the approval of Namibia''s first ever World Bank financed energy project, aimed at improving the reliability of the country''s transmission network and enabling increased integration of renewable energy into the country''s electricity system.
Bank Windhoek, in conjunction with Enertronica Group, recently financed the construction of the Trekkopje Solar Project, in the Erongo region as part of the development of solar parks in Namibia. Built by Enertronica Group,
With Bank Windhoek''s Green Bond initiative coupled with SUNREF''s technical assistance facility, we aim to turn bankable projects into sustainable realities. By effecting energy efficient technology or practices on your business, the long-term benefits will include savings in cost and maintenance expenses and most of all show that you are
On Friday, 21 May 2021, Bank Windhoek was presented with the prestigious Sustainable Development Award as the best Green Financial Institution in Namibia. Hosted by the Namibian Environmental Investment Fund in partnership with the Sustainable Development Advisory Council, the Sustainable Development Awards took place at the Safari Hotel
The new Regional Electricity Access and Battery-Energy Storage Technologies (BEST) Project –approved by the World Bank Group today for a total
BANK Windhoek, in conjunction with the Enertronica Group, recently financed the construction of the Trekkopje solar project in the Erongo region as part of
Bank Windhoek, a wholly Namibian-owned commercial bank, reached a milestone on Wednesday, 5 December 2018 when it announced the successful issuance of Namibia''s first Green Bond. This achievement positions Bank Windhoek as the first commercial Bank to issue a Green Bond not only domestically but across the Southern African region.
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The solar photovoltaic (PV) projects financed by the Bank Windhoek Green Bond could reduce annual greenhouse gas emissions by 305,710 metric tonnes over its expected lifetime according to a report
It supported 14 World Bank lending projects (including six mini-grid projects) addressing deployment of renewable energy and storage solutions and increasing battery storage capacity by 2,527 megawatt hours (MWh).The program is also active in providing capacity building and training to clients engaged in energy storage projects
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Transaction Account - For anyone 18 years and older. Vibe Account - For full-time and part-time student registered at a tertiary educational institution. EasySave Account - If you earn a low or irregular income and are over the age of 16. Solo Account - If you are 18 years and younger. SeniorSave Account - If you are 55 years and older.
Government-owned utility Namibia Power Corp. (Nampower) recently announced it will invest N$4.7 billion (US$338 million) over the next five years to add 220 megawatts (MW) of renewable power capacity to its generation mix. More specifically, Nampower intends to tap into abundant solar and wind energy, as well as biomass, resources to build four
Find a Branch or ATM. Procurement. Banking Fees & Charges. Market Indicators & Currency Rates. Savings Rates. Ways to bank safely. Careers. NamPay. Bank Windhoek supports teachers'' numeracy development skills.
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Between 2022 and 2023, Bank Windhoek has financed a total of 59 projects to the value of N$57.6 million across Namibia; 54 from Renewable Energy, four were Sustainable
Bank Windhoek collaborated with IFC to develop their green bond framework for the Green Bond that was issued during December 2018. The Bank obtained additional sources of funding for its green lending activities by raising funds in the debt market through a local Green Bond issuance, of which the proceeds will be used solely to finance eligible
Bank Windhoek''s Chief Treasurer, Claire Hobbs, said that with the recent discovery of oil and gas off Namibia''s coast and the finds of highly sort after lithium, Namibia is becoming an attractive prospect for direct foreign investment, fast-tracking it for economic growth, it
Whatever your requirements, we have the right-size storage solution for you. Home. Services. Storage. Warehouse. About Us. Location. Testimonials. Pawn Shop. Contact. Call: (+264) 81 282 110 Rent A Garage is one of the leaders in the self storage industry in Windhoek, having been in business for over a decade and offering the biggest
The BESS represents a monumental advancement enabling the storage and timely distribution of electricity as per demand, an essential innovation in the
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The World Bank Namibia: Transmission Expansion and Energy Storage (P177328) Feb 13, 2023 Page 3 of 12 IBRD Fund for Innovative GPG Solutions 15.00 Environmental and Social Risk Classification Concept Review Decision High Track II-The review did authorize the preparation to continue Other Decision (as needed) B.
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