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Weekly Newsletter - 13/07/2018
Dear <<First Name>>,
Please find below this week's summary of renewable and related energy news for Africa and beyond.
Kind regards,
The REPP Team
West Africa
Ghana: ecoligo forms partnership with Sunbelt Energy to develop solar projects, with a combined capacity of 40 kWp, using a fully financed leasing solution
- Alternative Energy Africa
Ghana: Manila Electric Company enter into concession agreement for private sector participation in the ECG
- GhanaWeb
Togo: Total partners with Solergie to provide 220V solar energy system, whose capacities can increase depending on demand
- Alternative Energy Africa
Nigeria: NNPC closes deal with Shell Petroleum Development Company and partners for the execution of gas projects worth $3.7bn
- ESI Africa
Nigeria: GE signs Support and Cooperation Agreement with Lagos state government to provide generation capacity needed
- Alternative Energy Africa
Nigeria: Cabinet approves construction of gas pipeline, cost of $92m, to deliver gas from the eastern part of the country to the power turbines
- ESI Africa
East Africa
Kenya: VR Holding, in a joint venture with Woima, will construct 2.5MW waste-to-power plant, costing $34.7m
- Alternative Energy Africa
Kenya: CDC and Globeleq provide $66m debt investment in Malindi Solar Group over 16 years, to build 52MWp solar PV power plant
- ESI Africa
Kenya: Activist, Okiya Omtatah, files suit against GE and AMU Power, over misleading the public about the project's environmental safety
- Business Daily
Kenya: Garissa solar plant in the final stages, scheduled to be connected to the grid by September, allowing for cheaper electricity at $0.05/kWh
- ESI Africa
Kenya: AEP acquires 100% of IberAfrica's issued share capital, contributing to the vision of increasing access to clean energy products by African countries
- Alternative Energy Africa
Kenya: Government wins international arbitration case against foreign investors who abandoned the Kinangop wind power plant, expecting taxpayers to pay for it
- Daily Nation
Ethiopia: GE Grid Solutions completes the $40m electricity transmission system improvement project, to improve grid coverage
- ESI Africa
Tanzania: Trade and Development Bank commits $200m in soft loans for the construction of a gas power plant, the project will generate 318MW
- ESI Africa
Seychelles: Four-phase 104kW solar power project acts as pilot for integration of solar into diesel powered island
- ESI Africa
Southern Africa
South Africa: Standard Bank's contribution to the REIPPPP has been providing inflation linked CPI debt, crowding in asset managers and capital markets
- Alternative Energy Africa
South Africa: Revised Integrated Resource Plan to be released in August to include higher levels of private sector investment in power generation
- Alternative Energy Africa
Botswana: BPC signs contract with GE to design, supply, install, test and commission a SCADA/Energy Management system at prinicple grid control centers
- Alternative Energy Africa
Mozambique: Hidroelectrica de Cahora Bassa to sell 7.5% of shares on the national stock exchange, to provide consolidation of the credibility of the hydropower plant
- Alternative Energy Africa
Zambia: AfDB approves $50m framework financing for small-scale renewable energy (up to 20MW) projects, co-financed by GCF throughout the country
- ESI Africa
Caribbean and Southeast Asia
Trinidad and Tobago: MPC Carribean Clean Energy Fund and ANSA McAL Limited invest on 21MW windpark Tilawind
- BNamericas
Atlas Renewable Energy sees senior and subordinated bond issuances as a solution to project financing in Latin America and the Caribbean
- POWER
UAE Ministry of Foreign Affairs and International Cooperation launched the ADFD funded $50m UAE-Caribbean Renewable Energy Fund (UAE-CREF)
- GDN Online
Barbados: Innovative renewable energy funding solutions Third sector under Renewable Energy Rider Programme
- Business Barbados
Singapore: NGOs sign an open letter to banks, urging them to invest in accelerating the transition from coal, oil and gas to renewable energy
- The Online Citizen
Jakarta: Drive for clean energy increases thermal coal benchmark price to past $120 per ton
- Nikkei Asian Review
Africa General / Rest of World
IRENA's 2050 analysis finds renewable energy and energy efficiency comined will achieve 90% of energy-related emission reductions needed under the Paris Climate Agreement
- Alternative Energy Africa
AfDB makes $12bn investment commitment to "New Deal on energy for Africa program"
- Alternative Energy Africa
Climate Investor One achieves third close at $535m, increasing the facility by an additional $75m, for renewable energy projects across Africa, Asia and Latin America
- ESI Africa
Hydropower Sustainability Assessment Council develops scoring framework for evaluating hydropower projects
- ESI Africa
To respond to this email, please use the following address:
newsletter@camcocleanenergy.com
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