In a milestone achievement for the University of Namibia and marking the beginning of a new era in local energy production, the educational institute has seen the launch of a N$65 million solar energy plant.

Built by Inceptus Holdings in collaboration with Alensy Holdings, the initiative is projected to supply electricity to Windhoek, at 40% of the current cost charged by utilities.

The solar plant project will help reduce UNAM's carbon footprint and contribute to the institution's efforts to reduce greenhouse gas emissions.

On the occasion of the launch, Norbert Dörgeloh, the Chief Executive Officer of Alensy Holdings and the Public Officer for Inceptus Holdings highlighted the project's significance.

"To provide more cost-effective electricity to the University of Namibia, reduce the university's carbon footprint by generating electricity using 100% renewable energy technologies, provide a revenue stream for Inceptus Holding, the commercial arm of UNAM, and lastly, help with the national goal to reduce the reliance on electricity imports from neighbouring countries."

The launch is a milestone achievement in the history of the university, as it marks the beginning of a new era of energy production for the Institution.

UNAM Vice Chancellor Professor Kenneth Matengu noted that the project was a testament to UNAM's commitment to sustainability.

"It is worth noting that the grid-tight solar energy generation plant at the university is an efficient and cost-effective way of producing and utilising energy. The construction of the plants is a huge investment, and it will reduce our reliance on non-renewable resources, enabling us to save in both financial and other ways. I should hasten to mention that this project is a demonstration of the university's commitment to sustainability."

Professor Matengu further emphasised that investing in solar energy has more benefits than just saving the environment, as it also stands to boost the economy and set Namibia up to reach its industrialization goals.

He pointed out that the project is a direct response to Sustainable Development Goal 7, which deals with affordable and clean energy.

The project will be implemented at all UNAM Campuses.

The Solar plants have an expected lifespan of more than 25 years.