72MW project to boost Cameroon’s growing PV pipeline

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

The African Development Bank is to back a 72MW PV project in Cameroon, pushing the country's solar pipeline close to 200MW.

The AfDB’s Sustainable Energy Fund for Africa is to release a US$770,000 grant to JCM Greenquest Solar Corporation to develop plans for what would be the Central African country’s first independent power producer (IPP) renewable energy project.

Cameroon is targeting 75% electrification by 2030, up from the current 18% today. The country currently has only 1,400MW of installed power generation capacity, much of it coming from hydro.

In a statement on the grant, AfDB said the hope was that the project would provide a “strong signal” to other private sector players to invest in IPP project in Cameroon, helping it towards its 2030 goal.

“This support will be critical in delivering Cameroon’s first renewable energy IPP and its success will have significant demonstration effects in the country’s power sector and the continent at large,” said Alex Rugamba, director of the African Development Bank’s Energy, Environment and Climate Change Department.

The SEFA grant will enable JCM, a Canada-based private equity firm, to prepare environmental and social impact assessments for the project. The location of the project has not been disclosed, though a brief description on JCM's website says it will be connected to Cameroon's southern grid.

“We welcome the support of the AfDB as we work with the government of Cameroon to help them achieve their energy policy goals. As the first renewable energy IPP in the country, we believe this project will jump start the development of renewables in Cameroon and attract significant investment to the clean energy sector,” said Michael Strait, managing director of parent company JCM Capital’s development group.

Growing pipeline

Although Cameroon has a number of large-scale PV projects in the pipeline, none have yet reached completion.

Last year, energy developer, Joule Africa, signed a memorandum of understanding to develop 100MW of PV in the country, but no further developments have yet been revealed on this deal.

Meanwhile, a number of organisations are working jointly on another 21MW project in south-west Cameroon, the so-called ‘51 Villages’ project backed by the AfDB and World Bank and due to break ground shortly.

Cameroon is one of a growing number of countries in sub-Saharan Africa to announce early-stage PV power plant projects.

However, with some notable exceptions, relatively few of these have yet to be completed, owing to the persistent difficulties developers face in accessing finance.

Speaking to PV Tech earlier this month, Josefin Berg, a solar market analyst at IHS, said the cancellation of tentatively agreed projects had become a common pattern in some African countries.

“There are a lot of announcements in Africa of very big projects, and then a couple of memoranda of understanding, but nothing much beyond that,” Berg said. “There will be some countries where projects are installed, but it will be on an individual basis and not at a programme level or as a general trend. Any power project you want to pursue in the region is going to be quite a challenge.”

The opportunities for solar in both East and West Africa will be under discussion at two events to be hosted later this year by PV Tech's publisher, Solar Media. Solar & Off-Grid Renewables West Africa will be held in Accra, Ghana, on 21-22 April, while Solar Energy East Africa will take place in Nairobi, Kenya, on 10-11 March.

23 February 2022
Held annually since 2016, the Energy Storage Summit Europe is the place to be for senior stakeholders in the European storage industry. Designed to accelerate deployment of storage, we examine evolving chemistries, business models, project design, revenue stacks and use cases for storage. The 2022 edition will include exclusive content around longer duration solutions, energy strategies for wide-scale deployment of EVs and "EnTech", the event which sits at the intersection of digitisation, decentralisation and decarbonation of the power system. Come to meet TSOs, DSOs, Utilities, Developers, Investors and Lenders and leave with new contacts, partners and a wealth of information.
7 March 2022
Take your chance to join the most powerful platform in the MENA region. Middle East Energy (MEE), Intersolar, and ees, the leading energy exhibitions are joining hands to co-deliver an outstanding renewables and energy storage event at Middle East Energy 2021. Renewables and energy storage at MEE is the largest gathering of solar and renewable energy industry professionals in the Middle East & Africa, offering the most effective trade focused platform to international manufacturers and distributors looking to meet regional buyers.
8 March 2022
As Solar Finance & Investment enters its ninth year, we sit on the cusp of a new power market with solar at its heart. The 2022 edition of the event will build on our years of expertise and relationships to bring investors and lenders together with top developers. Connect with leaders in the field and use exclusive insights to drive investment and development decisions for the future. Meet new and existing project partners at the largest gathering of European solar investors and lenders.
23 March 2022
When it comes to storage, the US market exceeded a gigawatt of advanced energy storage installations (weighted towards lithium ion) at 1.46 GW, more than the previous six years in total! An exponential growth rate could see the market hit 7.5 GW p.a. by 2025. The summit will provide a wealth of content around this vital piece in the US power puzzle, with sessions dedicated to explore how companies are making money from batteries, the latest chemistries and their applications as they apply to different use-cases. We ask how investors can match ESG criteria to batteries and we will bring case studies of successful deployment and project execution onto the stage to examine how you can ensure your own projects are successful.
29 March 2022
Now in its 10th sell-out year, Large Scale Solar returns to Lisbon in 2022. We are excited to gather together face-to-face with the European solar industry as we provide unique and exclusive access to a powerful selection of the market's key stakeholders. Join this elite summit to find out how the market is maturing, which new markets are becoming more exciting, how technology is evolving and who's driving the market forward into the 2020s. Always senior, packed with developers, EPCs, utilities and investors this is the event for companies serious about European solar PV.
7 April 2022
Solarex Istanbul, Turkey’s first and unique exhibition on solar energy, provides a huge opportunity to Turkey on the way to being a solar energy hub. Solarex Istanbul will take place on 7-9 April 2022 for the 14th time. It will be a commercial platform to have the latest technologies and combination of new products from all around the world. It takes place annually at Istanbul Expo Center, Turkey. It is also called the most important platform for manufacturers, suppliers and dealers of the solar industry in Eurasia.

Read Next

January 28, 2022
Greek industrial group Mytilineos said its renewables and storage unit continues with “full speed” to invest in solar and battery energy storage systems globally following a 2021 that saw the business expand its PV engineering, procurement and construction (EPC) operations.
January 28, 2022
Indian independent power producer (IPP) ReNew Power has sold its 117MW rooftop solar portfolio as part of a strategy to heighten its focus on utility-scale PV.  
January 28, 2022
Global investment in renewables rose to new heights in 2021 as solar and wind deployment surged, but total energy transition expenditure needs to triple in the coming years to get on track for net zero, according to new research from BloombergNEF.
January 28, 2022
LONGi has raised its wafer prices for a second time in just over a month as hopes of falling costs fade and China shuts down for a week for its annual Luna New Year holiday.
January 27, 2022
Renewables owner and operator Brookfield Renewable has tripled its US development pipeline to 31GW through the US$650 million acquisition of clean power developer Urban Grid.
January 27, 2022
Hecate Energy’s first stage application for a 500MW solar PV plant in the state of New York has been accepted by the newly formed New York State Office of Renewable Energy Siting (ORES).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal
Solar Media Events
April 25, 2022
Berlin, Germany