Camco Clean Share Discussion Threads

[dlg3] 22/10/2015 19:51

hxxp://www.latimes.com/business/autos/la-fi-hy-aston-martin-electric-rapide-20151021-story.html

[spellbrook] 22/10/2015 13:41

22/10/2015 10:59 GBX/ISDX-exn New 320,000 5.94
22/10/2015 10:37 GBX/ISDX-exn New 137,832 5.94
22/10/2015 10:30 GBX/ISDX-exn New 6,180 5.78

[bobby.ifa] 22/10/2015 12:15

I wish this would start doing something. I've held these so long in anticipation of major news.

[spellbrook] 22/10/2015 11:27

22/10/2015 10:37 GBX/ISDX-exn New 137,832 5.94
22/10/2015 10:30 GBX/ISDX-exn New 6,180 5.78

[tullynessle] 22/10/2015 07:17

I do believe that the "Energy Africa Campaign" is going to be significant to renewable energy production, access and distribution in Africa.

It would be beneficial for 24/24 sustainability of individual projects to integrate energy storage at the outset.

All IMO / DYOR




Osinbajo to sign Nigeria, UK solar energy partnership deal
POSTED BY ADEWOLE MARTINS ON OCTOBER 22, 2015 IN R&D HEALTH |

The Vice President, Prof. Yemi Osinbajo (SAN), on Wednesday left for the United Kingdom to participate in the launching of the Energy Africa Campaign in London at an event holding on Thursday (today).

Osinbajo will be signing a commitment on behalf of the Federal Government of Nigeria to partner with the United Kingdom Government on the campaign.
The Nigeria-UK partnership intends to bring solar power to millions of homes in Nigeria, using the model of installation and payment that has worked effectively in Kenya and Tanzania.

Originally an initiative of the UK Government, the partnership involves the governments of Nigeria and other African nations in an effort to shorten the time required for universal electricity delivery, specifically in the continent where two out of every three persons do not have electricity in their homes.
Osinbajo will speak at the event alongside the UK Minister of State for International Development, Grant Shapps; former United Nations Secretary-General, Kofi Annan; and other leaders from Africa.

The Vice President, who will return to Abuja by the weekend, is accompanied on the trip by the Kaduna State Governor, Mallam Nasir El-Rufai, and the Deputy Chief of Staff in the Presidency, Ade Ipaye.

[tullynessle] 21/10/2015 19:40

Additional to Post 7835 : Note - Link to the Agenda at the bottom of the document mentioned in Post 7835

Westminster Energy, Environment & Transport Forum Keynote Seminar:
The future for renewable energy in the UK: funding, innovation and policy priorities

Timing: Morning, Tuesday, 2nd February 2016 Venue: Central London

Draft agenda subject to change


Extract:

11.40 - 12.25


The impact of innovation on the renewables market: storage, connectivity and commercial opportunities

Suleman Alli, Director of Strategy & Regulation, UK Power Networks
Jo Coleman, Director, Strategy Development, Energy Technologies Institute
Mike Thompson, Head of Carbon Budgets, Committee on Climate Change
Graeme Ludlow, Commercial Director, REDT Energy Storage
Questions and comments from the floor

[tullynessle] 21/10/2015 19:35

Noticed that "Graeme Ludlow, Commercial Director, REDT Energy Storage;" is included in the List of Speakers.

See also Post 7836 for Agenda.




The future for renewable energy in the UK: funding, innovation and policy priorities

TUESDAY, 2ND FEBRUARY 2016

CENTRAL LONDON

THIS EVENT IS CPD CERTIFIED


Guest of Honour: Senior speaker confirmed from the Department of Energy and Climate Change

Delegates will assess the Government’s progress towards achieving its domestic and European energy generation decarbonisation targets, and the future shape of subsidy regimes for new projects.

It will be held in the context of changes to the planning system to provide local communities with the final say over onshore wind farm applications, in addition to the recent announcement of the early closure of the Renewables Obligation for new projects in April 2016.

Further discussion will bring out the latest thinking on integrating new sources of renewable power to the electricity network, developing skills and meeting workforce requirements, as well as lessons that can be learnt from the most recent allocation of Contracts for Differences and what this will mean for the future auction of renewable project subsidies.

At this very early stage, we are delighted that Suleman Alli, Director of Strategy & Regulation, UK Power Networks; Jo Coleman, Director, Strategy Development, Energy Technologies Institute; Dr Gordon Edge, Director of Policy, RenewableUK; Jason Hayman, Managing Director, Sustainable Marine Energy; Graeme Ludlow, Commercial Director, REDT Energy Storage; Angus McCrone, Chief Editor, Bloomberg New Energy Finance; Lindsay McQuade, Policy and Innovation Director, ScottishPower Renewables; Tom Murley, Head of Renewable Energy, HgCapital; Jennifer Pride, Head of Renewable Energy, Welsh Government; Mike Thompson, Head of Carbon Budgets, Committee on Climate Change and a senior speaker confirmed from the Department of Energy and Climate Change have agreed to speak at this seminar.

We are pleased to announce that Rt Hon the Lord Elis-Thomas AM and Dawn Butler MP, Deputy Chair, All-Party Parliamentary Group for Renewable and Sustainable Energy have kindly agreed to chair this seminar.

[the stigologist] 21/10/2015 08:28

Chart looking very good for a run into the end of year.

Should be an uptick in newsflow coming as well. Clearly they have been focusing over the summer on sorting out the internal corporate structure.

[huckle9] 20/10/2015 20:52

Under the radar company set to have a good 2016 I feel

[spellbrook] 20/10/2015 20:15

Nice article in full...


Camco Clean Energy Could Get Boost From UK's Energy Africa Campaign
Tue, 20th Oct 2015 12:22

LONDON (Alliance News) - The UK government Tuesday announced plans to launch a campaign aimed at assisting Africa improve its access to energy and electricity with a focus on renewable, off-grid power.


The campaign, which will be officially launched on Thursday, will be a boost to some London-listed companies including Camco Clean Energy PLC, which is developing technology that fits with the UK government's Energy Africa campaign.

The UK government, through the Department for International Development, is hoping to achieve "universal energy access" in the continent by 2030 with the hope it will alleviate poverty, bring down the cost of energy, and spur more broad economic growth in the region.

"Two out of three people living in Africa do not have electricity in their homes. If we continue on the current trajectory, it will take until 2080 for there to be universal electricity access on the continent. Another generation of young people will miss the opportunity to help themselves out of poverty through the transformation that access to electricity in the home can bring," said the government.

"A reliable electricity supply is one of the most powerful tools for lifting people out of poverty and ending dependency on aid," it added.

Energy is a huge problem across Africa, despite being rich in oil and gas resources. Over 600.0 million people in sub-Saharan Africa have no access to electricity, representing 70% of the population whilst around half of all businesses in the region view the lack of electricity access as a "major constraint" to doing business, according to the UK government.

Sub-Saharan Africa refers to the nations that lie below the Sahara desert, comprised of over 20 nations including South Africa, Nigeria, the Democratic Republic of Congo, Senegal, Tanzania, Ethiopia and Kenya.

The problem is so wide spread that sub-Saharan Africa loses around 1.0% to 2.0% of its gross domestic product per year because of it. The lack of access also means that some pay up to 80 times more for their electricity compared to UK households.

The goals of the Energy Africa campaign is to give the continent access to "affordable, reliable, sustainable and modern energy" by 2030.

One of the key problems with providing continent-wide access is the fact it does not have a traditional grid system like those found in Europe and other more developed regions of the world, leaving millions of people isolated.

"Reaching the more than 600 million people with no electricity in Africa with traditional grid systems will be a lengthy effort. Vast rural areas will have no realistic chance of being connected for decades," said the government.

The key energy source the UK government wants to harness for Africa is solar power, focused on off-grid systems. It believes the "time is right" for the campaign because prices of solar panels are falling, battery technology (which is required for off-grid systems) is improving, appliances are becoming more efficient and because the spread of mobile payment systems will allow even the poorest to gain access through "pay-as-you-go" systems.

"Together with African governments, investors, businesses, non-governmental organisations, think tanks and other donors, the Department for International Development will work to increase investment in off-grid energy firms, overcome regulatory barriers, foster innovation, and accelerate delivery of solar energy systems to households across Africa," said the UK government.

The news is likely to be welcomed by Camco Clean Energy, a London-listed stock that is developing the REDT battery system, a environmentally friendly Vanadium Redox flow battery which can be used for a number of applications, including increasing the reliability of renewable energy or for off grid energy solutions.

The idea is that the REDT battery could be placed in remote areas and hooked up to renewable energy sources such as solar panels or wind turbines, storing energy in the day to be used at night or whenever it is needed by households or businesses.

Only last week Camco increased its stake in the company that owns the REDT technology to 97.0%, and it has previously indicated this will rise to 100.0% in the near future as the battery is the company's main focus.

Currently, the REDT battery is being manufactured by major-manufacturer Jabil Circuit Inc. Camco currently has a small number of REDT systems being tested with customers, and by the end of 2015 it should have around 12 systems in place under testing conditions.

The systems are currently deployed across different geographies and applications, including one at an African hotel that is not connected to a grid. Some of the other systems are being tested with solar panels and wind farms in the UK.

Commercial sales and the official launch of the system is expected to occur in 2016.

Camco also runs a consultancy business in 23 countries across Africa, focused solely on renewable energy using funds from Green Africa Power, or the GAP fund, which promotes the development of renewable power generation in Africa using GBP95.0 million of funding provided by the UK government.

Camco secured all of that GBP95.0 million back in July 2014 after fighting off another 50 companies, giving it a strong foothold in the continent.

Spokespeople for Camco were not immediately available for comment.

Camco shares were up 6.7% to 6.0 pence per share on Tuesday afternoon.

By Joshua Warner; [e-mail]; @JoshAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

[the stigologist] 20/10/2015 19:23

Looking ready for next moonshoot higher

[tullynessle] 20/10/2015 19:19

Extract 2 to the News Story issued by the Department for International Development and The Rt Hon Grant Shapps as copied at Post 7830.

The reference to "improvements to battery technology" is interesting.....


"Extract 2:

The Energy Africa access campaign focusses on achieving the UN’s new Global Goal 7 – market-based delivery of off-grid energy to households.

The time is right for this now, because of:
* the dramatic fall in the price of solar photovoltaic panels
* improvements in battery technology
* more efficient appliances, such as LED lights
* the spread of mobile payment systems enable energy access for the poorest through micro pay-as-you-go"

[tullynessle] 20/10/2015 19:16

Extract 1, to the News Story issued by the Department for International Development and The Rt Hon Grant Shapps as copied at Post 7830.


Extract 1:

"Going solar

Reaching the more than 600 million people with no electricity in Africa with traditional grid systems will be a lengthy effort. Vast rural areas will have no realistic chance of being connected for decades. We want to accelerate the development of the emerging solar market in Africa. Together with African governments, investors, businesses, NGOs, think tanks and other donors, DFID will work to increase investment in off-grid energy firms, overcome regulatory barriers, foster innovation, and accelerate delivery of solar energy systems to households across Africa.""

[tullynessle] 20/10/2015 19:13

Additional to Post 7829



GOV.UK

News story
Energy Africa campaign

From:Department for International Development and The Rt Hon Grant Shapps

First published:20 October 2015

Part of:Economic growth in developing countries

The UK’s Energy Africa campaign will help Africa to achieve universal energy access by 2030.

The UK’s Energy Africa access campaign, to be launched on 22 October by International Development Minister Grant Shapps, will help Africa to achieve universal energy access by 2030. A reliable electricity supply is one of the most powerful tools for lifting people out of poverty and ending dependency on aid.

News Story continues......

[spellbrook] 20/10/2015 15:53

I wonder how camco clean energy are doing in AFRICA,,,,,


Google to Buy Stake in Africa's Biggest Wind Project

Google Inc. has agreed to buy a 12.5% stake in Africa's largest wind project, Kenya's Lake Turkana, from Danish wind turbine manufacturer Vestas Wind Systems A/S.

The Danish company said on Tuesday that Google would purchase the stake for an undisclosed amount once the project was completed in 2017.

The 310-megawatt Lake Turkana wind park, controlled by Lake Turkana Wind Power Ltd., is set to produce 1.4 terawatt hours of electricity a year, or about 15% of Kenya's electricity needs, based on current generation capacity, Vestas said.

"We are making a commitment to invest in Lake Turkana because it makes financial sense, but also because it has the potential to have a massive impact on Kenya's grid, helping to spur the deployment of renewable energy in one of the world's fastest-growing countries," said John Woolard, Google's Vice President, Energy.

The nearly $1 billion private-and-public-sector joint-venture wind project offers the scale of infrastructure that international organizations say Africa needs for the continent to unleash its vast economic potential. Annual economic growth in sub-Saharan Africa has averaged 5% in the past decade, according to the World Bank. Ramped-up energy production would boost growth even more, the World Bank and other organizations say.

The project was threatened when the World Bank withdrew its support in 2012, but the African Development Bank stepped in to lead the funding effort.

The 365-turbine Lake Turkana project is Kenya's largest-ever single private-sector investment. Other shareholders include Dutch-registered company KP&P Africa B.V., Aldwych International Limited, the Norwegian Investment Fund for Developing Countries, Denmark's Industrial Fund for Developing Countries, and the Finnish Fund for Industrial Cooperation Ltd.

"We are extremely proud to provide the technology and service for a project that will be one of the most efficient wind parks in the world and which upon completion will include Google among its investors," said Vestas Chief Executive Anders Runevad.

Google so far has committed $2 billion to 22 clean energy projects, including the continent's largest solar project in South Africa, said the company's energy and sustainability director Rick Needham in a blog post published Tuesday. The company sees a big opportunity in fast-growing markets with rich renewable energy resources, and the Lake Turkana project would help reduce Kenya's reliance on fossil fuels and emergency diesel generation, Mr. Needham added.

Google and Vestas have previously cooperated on the 270-megawatt Alta Wind Energy Centre in southern California and the powering of a Google data center in Finland.

[ch1ck] 19/10/2015 07:06

He has a point Stig back off

[dlg3] 19/10/2015 06:23

Stig they may have no interest as in the last post, but they still hold the shares, they have never offloaded there holding, it is as good as camco having a foot in the door with the largest far east electricity supplier..