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Friday, 10 September

Dear <<First Name>>

As REPP’s manager, we get to work with some of the most innovative, dedicated and hard-working clean energy developers in Sub-Saharan Africa, each striving to build a brighter future for all. 

Despite the many social, economic and environmental benefits renewable energy offers the region, there are still significant barriers holding up the necessary investment flows to drive the sector to scale.

At Camco, we aim to provide REPP’s investees with both practical and financial support so that these energy pioneers have the space to think ahead and dream big.

As part of our ongoing capacity building support for investees, we will next month be hosting the annual REPP Academy, which this year will be aiming to help ramp up the development of Africa’s mini-grid and isolated grid sectors by exploring the key challenges that are stifling progress and jointly identifying potential solutions.

Although the Academy is a closed-door event for investees and invited industry stakeholders, we are sure there will be many lessons from it that could benefit the wider sector and so we will be sharing the key findings in a follow-up article. Details to follow.

Cheers

Geoff

Managing Director, Camco Clean Energy

Camco news
Camco is looking for an Investment Director to become a central part of our global team and help develop the company as a leading climate and impact fund manager. Click here to see a full job description.
Story of the week
As part of the country's Scaling Solar Initiative, the government of Niger has launched the selection process for an IPP to construct a 50MW solar power plant. The pre-qualification process will allow the selection of an IPP to design, finance, build, install and commission the plant. Interested parties will have until 22 November to apply. 
 

West Africa

Niger: Government launches prequalification for 50MW Gourou Banda solar plant (Afrik21)
- The plant is being built under the World Bank Group's Scaling Solar programme and will be located near Niamey. 

Senegal: CrossBoundary Energy to supply mine with solar power (ESI)
- The Grande Côte Opérations mine has signed a memorandum of understanding with CrossBoundary Energy to build and supply 13MW of solar with 8MW of battery storage.

The Gambia: Vice President inaugurates USD3.7 million fund to enhance resilience (ESI)
- The Renewable Energy Potentials in The Gambia project is funded by the German Federal Ministry of Education and Research. It will be used to train locals in renewable energy technologies and implement the country’s Nationally-Determined Contributions.

East Africa

Kenya: Two solar energy providers acknowledged for their impact on refugees (Afrik21)
- The Africa Enterprise Challenge Fund has awarded Renewvia Energy Kenya and Sunken for their work in the Kakuma and Kalobeyei refugee camps.

Rwanda: Solar-powered water pumps to irrigate 10 hectares of plantation (Afrik21)
- The Rwanda Rural Rehabilitation Initiative (Rwarri) has commissioned new solar-powered irrigation systems, which have been supplied to over 1,205 smallholder farmers.

Southern Africa

South Africa: Engie and Scatec to supply green hydrogen to Mogalakwena mine (Afrik21)
- Scatec will supply solar power over a period of two years, which Engie will use to produce green hydrogen at the Anglo American-owned platinum mine.

South Africa: Preferred bidders for Bid Window 5 to be revealed at the end of October (ESI)
- The Minister of Mineral Resources and Energy is planning to announce the preferred bidders for the procurement of 2,600MW of renewable energy.

Africa - general

General: Transparency and accountability can reignite energy markets in Kenya and South Africa (ESI)
- Recent developments show that these markets are seeking to rekindle consumer and business confidence.

Op-Ed: African power supply challenges and government interest in private sector investment (Engineering News)
- Bowmans Head of Banking and Finance, Shamilah Grimwood-Norley, discusses the challenges currently facing African power markets.

Rest of World

General: World's largest plant to capture carbon from air due to start operations (Engineering News)
- The facility in Iceland is run by Climeworks and Carbfix and it has the estimated ability to remove up to 4,000 tonnes of carbon dioxide from the atmosphere every year.

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