Renewable energy company Scatec has entered into a lease agreement with electricity company Eneo in Cameroon to deliver two hybrid solar and storage plants totalling 36 MW solar and 20 MW/19 MWh storage. The plants will supply low-cost, clean and reliable electricity in Maroua and Guider in the Grand-North of Cameroon, and the International Finance Corporation (IFC) is partnering with Scatec’s Release to realise these redeployable projects. 
Financial services firm Standard Bank has issued its first local Tier 2 capital qualifying green bond to finance renewable energy projects in South Africa and increased its social bond issued in August to finance mortgage loans in the affordable housing target market, with a focus on women borrowers. The new ten-year, R1.4-billion bond is listed on the JSE Sustainability segment and proceeds will be used to finance renewable energy projects in South Africa.
State-owned electricity utility Eskom continues to maintain that its revenue application, including the implementation of regulatory clearing account (RCA) decisions already made, would translate to a 20.5% increase in the standard tariff on April 1, rather than the 32.15% hike outlined in a ‘pro forma’ table produced by the regulator. The National Energy Regulator of South Africa’s (Nersa’s) figure, which has been shared with Engineering News & Mining Weekly, is based on revenue from standard tariff customers rising to R302.9-billion in 2022/23, from R245.7-billion in 2021/22.
The adoption of a cleaning method from the oil and gas industry has allowed the decontamination of pipe sections from the former Harwell nuclear research site in the UK. As a result, instead of having to be stored as low-level nuclear waste, the sections of pipe can be recycled. “By adapting a proven technology and applying it to the treatment of the pipework, the amount of waste that would otherwise need to be consigned to the low-level radioactive waste repository has been drastically reduced and only small volumes of secondary waste will need processing for onward treatment and disposal,” explained Low Level Waste Repository Ltd (LLWR) Waste Management Services Consultant and Magnox Relationship Manager Carly Sutton. LLWR manages and operates the UK’s permanent repository for low level nuclear waste, near Drigg in West Cumbria in England.