Friday, 2 October

Dear <<First Name>>

I often talk about the role off-grid renewables have in providing energy access to the many millions of unserved people across countries in Africa. Solar home systems, mini-grids and other small-scale technologies are already transforming communities across the continent and beyond, and have enormous potential to do more.

But of course as REPP’s manager our attention is also very much on on-grid technologies, and the majority of projects in the REPP portfolio are on-grid. In our latest request for proposals we are specifically targeting utility-scale projects, and in particular those that are very close to financial close but which need extra funding support to get them over the line.

Developers who get their bids in by 4pm on 19 October will receive priority assessment. And bids from companies owned by African nationals will get special attention.

If you have a project that meets this bill, then we want to hear from you!

Cheers,

Geoff

Managing Director, Camco Clean Energy

West Africa

Ghana: Government begins renegotiating power purchase agreements (ESI)
- Officials actively encouraging IPPs to renegotiate PPAs as they move to a take-and-pay system.

Nigeria: All On invests US$1.5 million in renewable energy solutions provider Auxano Solar (Afrik21)
- The financing will allow Auxano Solar to expand its production capabilities by more than 50% over the next five years.

Senegal: USTDA awards grant to Lekela to conduct feasibility study for battery storage system (renews.biz)
- If the project proceeds it will be one of the first stand-alone battery storage projects built by an IPP in Senegal.

East Africa

Ethiopia: 100MW Assela Wind Farm secures financing from Danske Bank (EV Wind)
- Parliamentary approval paves the way for US$95 million of concessional financing to be provided by the Danish.

Southern Africa

Mozambique: USTDA supports two wind energy projects (Africa Business Communities)
- Projects are among the country’s first utility-scale wind power plants and represent a large step towards electrification.

South Africa: Eskom to buy 6.8GW of renewable power from IPPs from 2022 (Afrik21)
- The government has recently validated the plan, which will procure this power from wind and solar projects.

South Africa: Two new solar plants feeding 132MW into the grid (ESI)
- Aggeneys Solar and Konkoonsies II Solar have reached COD and are expected to power 110,000 households.

Africa - general

General: Renewable Energy Performance Platform (REPP) targets utility-scale projects in latest call for proposals (REPP)
- Bids received by 19 October will receive priority assessment.

General: Beyond the Grid Fund for Africa launches call for proposals in Burkina Faso, Liberia and Zambia (Alternative Energy Africa)
- EUR30 million is being offered to qualified bids from off-grid energy companies, with contracts expected to be EUR1-4 million per project.

Rest of World

Solar: World's largest solar plant comes online in China (PV-Magazine)
- The 2.2GW facility cost US$2.2 billion and will be backed by 202.8MW/MWh of storage capacity.

General: IRENA study shows renewables jobs hit 11.5 million in 2019 (renews.biz)
- Solar accounted for most of the jobs at 3.8 million, with biofuels next at 2.5 million. A further 5.5 million jobs could be added over the next three years with increased investment.

Currencies