Friday, 10 February

Dear <<First Name>>

Welcome to what is going to be the last weekly newsletter from Camco. It’s not a decision we’ve made lightly, but with the company expanding into new geographies and new sectors, we feel that curating stories from an ever-increasing number of pools is going to result in a newsletter that many of you did not sign up for in the first place. 

Instead, we will be using our mailouts to bring you the latest news from Camco and the projects we support as an when it happens. I hope you will continue to be interested in these updates, but if not then please do feel free to unsubscribe. 

If you have valued and enjoyed our clean energy news roundups each week, then keep on eye on the Camco Twitter account - @camco_tweets - where we will be regularly posting about the industry news that matters. 

That just leaves me to say thank you for your support and interest in our newsletter over the years. It feels like a bit of an end of an era as I write this, but I hope the new approach we’re taking will make it easier for readers like you to follow the news they are most interested in. 

Take care 

Geoff Sinclair

Managing Director, Camco 

West Africa

Ghana: The Ghana National Company signs implementation agreement (GBN)
- The company has signed an agreement with its joint venture partners to construct a second gap processing plant (GPP Train 2) at an estimated cost of USD700 million. 

Liberia: The World Bank pledges USD96 million for solar power plant (Afrik21)
- The bank is signing a financing agreement with the Liberian authorities for the construction of a 60MWp solar PV plant. 

Republic of Congo: Country's economy needs climate adaptation to grow (ESI Africa)
- In its latest economic update report on the country, the World Bank claims that protecting its people and agriculture from the impacts of climate change can help the country to build a sustainable, resilient and inclusive economy for years to come. 

East Africa

Ethiopia: Addis Abada grants first ever commercial mini-grid licence (Afrik21)
- Humanitarian Energy, a company owned by Mercy Corps and Rensys Engineering and Trading, has been awarded the licence to build a 253kWp solar PV mini-grid to serve refugees and host communities in Sheder.

Kenya: Globeleq hires contractor for geothermal project (RenewsBiz)
- The African private power company has executed an EPC contract with Toyota Tsusho Corporation for a 35MW geothermal project in the country.

Madagascar: EHNY joint venture to utilise the island's hydroelectric potential (Afrik21)
- Filatex and Hyvity has signed a partnership agreement to develop several hydroelectric projects, the first of which are expected to enter the commercial exploitation phase. 

Somalia: MIGA issues USD5 million guarantee for hybrid solar plant (Afrik21)
- The agency is issuing the guarantee to cover the risks associated with investments by Kube Energy, which is involved in the construction of the 2.8MW plant in Baidoa.

Southern Africa

Namibia: Hyphen to sell green ammonia (Afrik21)
- The Hyphen Hydrogen Energy joint venture has announced the signing of an MoU with two global industrial groups for the delivery of 750,000 tonnes of green ammonia per year, which will be produced in Namibia.

South Africa: Seriti to green coal production with wind power (Afrik21)
- The Seriti Resources subsidiary will soon start construction of a 155MW wind farm in the country's Mpumalanga province.

South Africa: Tax incentives for solar panel roll-out (Daily Maverick) 
- In a recent address at the Cape Town City Hall, President Cyril Ramaphosa announced the introduction of tax incentives for businesses and households to free themselves from reliance on Eskom. 

South Africa: Women-led solar assembly plant launches in Cape Town (Engineering News)
- Energy company Ener-G-Africa has launched the new 15MW per year plant, which was built with a "focus on making smaller solar panels to serve low-income householders" across the continent. 

Zambia: Water supply project attracts EUR8.8 million from SADC (ESI Africa)
-The first phase of the project will include constructing a new water intake structure abstracting from the Zambezi River upstream of the Kanzungula bridge.

Africa - other

Climate finance: Ireland and Austria contribute to climate change fund (ESI Africa)
- Between them, the two countries have contributed EUR3 million to the AfDB's Africa Climate Change Fund, a multi-donor trust that backs the AfDB Group's target of tripling its climate financing and advancing the continent's climate resilience.

Solar: Solar PV could power Africa if coupled with batteries (ESI Africa)
- In the opening keynote address at this week's Solar Power Africa event in Cape Town, acting deputy general for programmes and projects, Mthokozisi Mpofu, emphasised that solar is an eminently scalable technology.

Pacific

Climate: Pacific region uniquely vulnerable to worsening climate risks (Pina)
- The Pacific Security Outlook Report 2022- 2023 was released this week, highlighting key regional issues and trends, such as how climate change threatens to cause irreversible economic, social, cultural, and environmental damage. 

Climate: Pacific calls for more transparency on the release of nuclear wastewater (Pina)
-The Pacific Islands Forum Acting Secretary General, Dr Filimon Manoni, has appealed for transparency from the government of Japan on their plans to discharge 1.25 million tonnes of nuclear wastewater into the Pacific Ocean.

Climate: Report finds climate data has deteriorated (RNZ)
-The quality and quantity of Pacific Island climate data has been getting worse in recent decades, according to a new Climate Change in the Pacific 2022 study.

Rest of the world

Energy: IEA releases Electricity Market Report 2023 (IEA)
- Among other findings, the report indicates that low-emissions sources are set to cover almost all the growth in global electricity demand in the next three years.
 

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