The Development Bank of Namibia (DBN) says it will finance businesses of all sizes venturing into solar energy technologies. Senior Manager for Marketing and Corporate Communications, Jerome Mutumba, said the DBN is prepared to fund cost-efficient projects in this field. Mutumba said projects should be financially sustainable and bring about electricity saving, as commercial properties and private entities increase power consumption. In a statement to Nampa he said eventhough solar power begins to make an impact, its potential is not yet fully realised in Namibia. He said as the Southern African subcontinent industrialises, there will be a greater need for electricity. Mutumba stressed that although gas generation is being developed, it is still unclear if the combined capacity of institutional power generators of various forms will match demand. The bank funded private solar energy technologies entity, SunEQ, for its ability of privately owned power generation projects to support industry. Mutumba said the five mega-watt solar plant was established by a consortium of private companies to provide power to Ohorongo Cement, as a major user of electricity.