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  • 4 weeks later...
Posted

Given the speed of the winds and the level of solar activity in this country, the idea is amazing. The only question is: where is a rather poor country going to get $9.4 billion and how is it going to repay such a large loan? It seems that some other large country has conceived the project, and Namibia will be just a construction site.

  • 1 month later...
Posted
On 1/20/2022 at 1:33 PM, DaviBrons said:

Given the speed of the winds and the level of solar activity in this country, the idea is amazing. The only question is: where is a rather poor country going to get $9.4 billion and how is it going to repay such a large loan? It seems that some other large country has conceived the project, and Namibia will be just a construction site.

Yeah true. May this is why this project will end-up in papers only and no execution will take place. Lets hope for the best because it can also be game changer for this nation.

Posted
On 1/20/2022 at 8:33 AM, DaviBrons said:

Given the speed of the winds and the level of solar activity in this country, the idea is amazing. The only question is: where is a rather poor country going to get $9.4 billion and how is it going to repay such a large loan? It seems that some other large country has conceived the project, and Namibia will be just a construction site.

Even that would be a huge bonus to a country like Namibia. People living, spending, drawing salaries and paying taxes would all boost the economy. And the infrastructure installed would be a benefit, not just to the plant. Most projects like this are financed by international capital. There's nothing unusual or particularly wrong about it. 

I didn't know that you have to desalinate water first, before producing hydrogen. But if you do, then that's just an overhead that has to be met. There may be local benefits to having a desalination plant installed and paid for by the hydrogen industry. 

The big IF is whether the market in hydrogen is big enough or mature enough to make this a goer. There are lots of places in the world that have wind, sun and sea water so if it is, you would expect other places to start up too. 

  • 2 weeks later...
Posted
On 12/28/2021 at 11:59 PM, studiot said:

This project aims to produce 300,000 tonnes annually of hydrogen and derivatives from solar and wind electricity and water

The ambition and imagination of the Namibian President (or of his advisors) is inspiring. I understand that politicians feel the need to focus on the next election, but this one seems to have found how to focus on both the short term and the long term. I hope he and his country succeed.

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