31
May
Staff Writer Namibia Stock Exchange listed Alpha Namibia Industries Renewable Power Limited (ANIREP) has announced that it’s in the process of acquiring stakes in two renewable energy projects in Namibia. The company has targeted a 70 percent stake in a 10 MW solar power plant commissioned in 2015 and 2016 connected to the national grid through two 5MW solar PV with a 25 year power purchase agreement contract. The company’s second planned acquisition is an 80 percent stake in a contracting company which has installed about 100 MW of the 150 MW solar PV in Namibia. “In February 2020, shareholders…