Structuring
Project Stage
Project Overview
Binational Project between Angola and Namibia, to construct a hydropower plant on the Kunene River to increase installed capacity of dispatchable renewable energy and to support the large-scale rollout of renewable energy in both countries.
Key Objectives
Increase installed capacity of dispatchable renewable energy in Angola and Namibia; support the integration of variable renewable energy sources through provision of balancing capacity; enhance energy security through diversification of generation sources; promote regional cooperation through joint ...
Strategic Importance
The Baynes Hydropower Project represents a strategic binational initiative to harness the hydropower potential of the Kunene River for the benefit of both Angola and Namibia. The project will significantly enhance energy security and grid stability in both countries while supporting their transitions to cleaner energy systems.
Technical Specifications
Technology: Large Hydro project with Francis Turbines for the Main Dam and S-type Kaplan turbines for the Regulating Dam. The project design incorporates modern hydropower technology adapted to the specific conditions of the Kunene River.
Capacity: 860 MW (Main Dam) + 21 MW (Regulating Dam). The Main Dam will have a storage capacity designed to optimize power generation while managing environmental flows.
Financing Structure
Public Financing (Angola:Namibia - 50:50). The project will be primarily financed through public resources from both countries, potentially supplemented by concessional financing from development partners.
Market Analysis
The power markets in both Angola and Namibia are characterized by growing demand and increasing integration of renewable energy sources. Both countries currently face power deficits and rely partly on imports.
Investment Opportunities
While the project is structured as a public investment, there will be significant opportunities for private sector participation in construction, equipment supply, and potentially in operations and maintenance through structured service contracts.
Key Stakeholders
Sponsor: Governments of Angola and Namibia
Partners: Governments of Angola and Namibia, Permanent Joint Technical Commission (PJTC) for the Kunene River ...
For More Information, Contact:
Christelle Onana
christellen@auda-nepad.org
Bernard Brian Cudjoe
bernardc@auda-nepad.org
www.au-pida.org