Friday, 19 June

Dear <<First Name>> 

Welcome to our new-look newsletter - we hope you like it!

The content is very much the same as before, providing a weekly round-up of all the biggest clean energy news stories from Africa and beyond. Each week we'll now also be singling out what for us has been the most interesting or important development in our new Story of the week section.

We've also added a short section on latest REPP and Camco news, to make sure you are among the first to hear about new deals and any major project developments.

Cheers

Geoff

Managing Director, Camco Clean Energy

West Africa
 

Benin: Automatic solar water troughs to be built (Afrik21)
- Installation of troughs intended to improve agricultural methods and sustain local livelihoods.

Guinea: SEFA provides funding for 57 mini-grids (Afrik21)
- US$3.2 million financing agreement expected to connect up to 30,000 homes to clean electricity for the first time.

Southern Africa

Zimbabwe: 90MW solar plant to be built in Chiredzi (Afrik21)
- Plant to be constructed in two 45MW phases at an estimated total cost of US$88.1 million.

East Africa

DRC: Gaia announces milestone investment in mini-grid developer (Gaia Impact Fund)
- Partnership will see large equity investment in Nuru, which operates solar hybrid mini-grids.

Kenya: Country's first floating solar PV plant to power rose-growing business (Afrik21)
- Ecoligo set to install the 69kW system on a reservoir for family-owned Rift Valley Roses.

Kenya: General Electric completes work on 100MW Kipeto wind farm (Afrik21)
- GE subsidiaries have installed 60 wind turbines and a 220kV high voltage line.

Kenya: SFC provides US$65 million in financing to d.light to distribute solar home kits (AEP)
- New Brighter Life Kenya 1 financing facility aiming to connect 1.2 million households to electricity for the first time.

Africa - other

Tunisia: 70MW solar tender concludes with lowest bid of US$0.044/kWh (PV-Magazine)
- Sixteen winning projects revealed from July 2019 tender.

General: Increase climate resilience of African hydropower, urges IEA (ESI)
- New report aims to enhance resilience through a climate risk and impact assessment and by introducing potential resilience measures.

General: Talsk over GERD fall through - again (Engineering News)
- Failure of last-ditch attempt to resolve decade-long dispute between Egypt and Ethiopia raises stakes.

Rest of World

EU:108GW of battery storage needed to help achieve 2030 climate goals (PV-Magazine)
- More storage required to decarbonise, although hydrogen deployment could affect long-term demand, says EC study.

General: CIP attempts to raise US$16 billion for 'World's largest green energy fund' (PV-Tech)
- Copenhagen Infrastructure Partners have so far raised US$1.5 billion in investment for global renewable energy projects.

General: UK Government department DFID to be merged with the Foreign Office (FT)
- PM's long-term goal will more closely align overseas aid with foreign policy objectives.

General: IEA unveils Sustainable Recovery plan (FT) / (Renews.biz)
- Plan backed by governments and investors aims to harness coronavirus stimulus packages to help lead a green transition.

Solar: Global solar capacity could reach 1,448GW by the end of 2024 (PV-Magazine)
- SolarPower Europe's medium-case scenario envisages significant growth after 2020 drop, but only if governments support renewables in post-Covid 19 recovery plans.

Currencies