Energy investment update (14/12/2018)

Weekly Newsletter - 14/12/2018

Dear <<First Name>>,
Please find below this week's summary of renewable and related energy news for Africa and beyond.

Kind regards,

The Camco Team

REPP is now on Twitter!

West Africa

Cóte d'Ivoire: Nation to set up first floating solar farm in Africa at a cost of US$80m. Medafrica
Nigeria: Kaduna state signs MoU with South African company for the development of a 30MW grid-connected solar PV plant. Green Building Africa
Senegal: US government signs US$550m deal with the nation to support the power sector. All Africa
Senegal: Construction begins on 159MW wind farm poised to be West Africa's first utility scale wind project. CNBC

East Africa

Tanzania: Set to proceed with construction of 2,100MW hydroelectric power plant at a cost of US$3bn. Medafrica
Kenya: Energy firm moves to court seeking revocation of all geothermal licenses issued after 2010. Business Daily
Tanzania: Zola Electric receives US$32.5m loan for expansion of their operations in the country. PV Magazine
Kenya: Government's reinforces KPLC's position in the market cementing the current monopoly. The EastAfrican
Kenya: First solar PV plant in an airport launched. The 500KW farm is the first in Africa. AllAfrica.

Southern Africa

South Africa: AFD loans ESKOM €90m to support expansion plans by the utility. Green Building Africa
South Africa: Nation to take on some of ESKOM's debt. Fin24
Botswana: German company to use energy storage to provide renewable energy to rural regions. Open PR
Zambia: Nation scales up diversification efforts in a bid to counter fluctuating output from hydro power sources. Business Insider

Southeast Asia & Caribbean

Thailand: ADB invests US$155m in the nations largest IPP. PV Magazine
Philippines: EU commits €21m to support electrification of remote areas. Philstar Global
Jamaica: Nation leads the Caribbean region in the development of renewable energy projects with 170MW of installed capacity. Nearshore Americas

Africa General / Rest of World

USA: EPA to allow "clean coal" by rolling back on policies set by previous administration. The Guardian
COP24 fails to adopt key report that warns on the dangers of a 1.5⁰C rise in temperature. BBC News
Large corporates make emissions reductions commitments. Financial Times
European parliament fails to agree on 2030 emission targets. Financial Times
Investors managing US$32t urge policy makers to phase out subsidies for coal. PV Magazine
North Africa: Sahel region targets 10GW of solar. Green Building Africa
India: Government set to auction 80GW of renewable energy capacity from wind and solar. PV Magazine
EBRD unveils new five year strategy which leaves out coal and oil. PV Magazine

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