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Dutch firm to roll out US$160 million wind energy project

Posted on Thursday, April 26, 2007 posted by posted by Ecacofonix @ 7:23 AM

Dutch firm to roll out US$160 million wind energy project

Namibia Tuesday licensed a privately owned firm to roll out a US$160 million wind electricity generation project, warning the country's energy supply situation had reached alarming levels.

The company, Aeolus Power Generation Namibia, is a 50-50 ownership between Aeolus Association, a Dutch firm, and Namibian firm United Africa Group.

Aeolus Power Generation said it will set up wind turbines in the country's coastal region and generate about 300 MW of electricity yearly starting October 2008.

Read the full news report from here @ Africa News

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