Otjiwarongo 50 MW Solar PV Plant with BESS | GC Power Solutions (Pty) Ltd
GH2 + Renewable
Information
Company Name/Description
GC Power Solutions (Pty) Ltd
Countries of Operation
Namibia
Ownership of Company
100% Namibian registered
Number of years since incorporated
Upon request
Project Pitch
Development and operation of a 50 MW Solar PV plant integrated with a 25 MW / 100 MWh LFP BESS. Designed for large-scale energy shifting to supply dispatchable power during peak periods, significantly enhancing national grid stability.
Team
Upon request
Type of Project
Private Project
Stage
Development Phase
Employment
- Temporary: 250-350
- Permanent: 40-60
- Seasonal: 30-50
Annual Revenue (in EUR)
Upon request
Total Project CAPEX (N$)
USD 85 million
Source of Current Income and Use of Capital:
N/A (Greenfield)
Financing needs (N$)
Seeking an investor to inject full CAPEX for a 90% equity stake, with a subsequent US$ 1.3 million payout for the stake.
Type of financing needed
Equity Investor / Joint Venture
The Company is looking for:
Equity Investor / Joint Venture
Planned allocation of fundraising capital
- Solar PV (45%)
- 25 MW / 100 MWh LFP BESS (40%)
- Balance of System (10%)
- Substation & Grid Connection (5%).
Feasibility/Due Diligence
- Technical: Completed and available in form of business plan
- Financial: Financial modelling and investment structure defined.
- Environmental: Environmental Impact Assessment (EIA) completed and Environmental Clearance Certificate (ECC) issued.