Sale of First Ever IRecs from Renewables in Developing Countries

CQC announces the sale of the first ever International Renewable Energy Certificates from renewable energy facilities in developing countries. The sale has been brokered by Natural Capital Partners and is from the Ecopower Ishasha small hydropower plant in Uganda, which CQC manages for carbon and environmental attributes. The emerging IRecs market promises to fill some of the gap left through the collapse of the global compliance carbon market.

Malawi News Article Highlights C-Quest Capital's Work

A recent article by The Times Group focuses on a large scale solar power project that C-Quest Capital is a major participant in, along with Malawi-based company Atlas Energies Ltd. and German-based company ibv vogt GmbH. CQC is the arranger for this transaction for Atlas as well as an Atlas shareholder. 60MW are planned by end 2016. This project is significant for Malawi as demand for power is at an all time high.

Malawi’s First IPP and Solar Power Plant

Atlas Energies of Malawi, a project development partnership including CQC, has signed a binding MoU with ib voigt GmbH, the leading German solar power developer, to proceed with the design and construction of 40 MWp of solar PV generation capacity in Malawi, subject to an agreement with the Government on terms of a long-term power purchase agreement. Atlas is in the final stages of negotiating this PPA.  

CQC Assisting with the Development of ADALYs Methodology

CQC and The Gold Standard have agreed to collaborate in the preparation of an ADALY Methodology to support the independent verification function required for clean Cookstoves projects financed under a payment for performance development finance framework. Preparation of this Methodology is an important companion activity to the launch of a series of clean stoves/clean air investments now in the planning stage.

Laos Clean Cookstoves and Health Initiative

CQC moved one step closer to the first ever financing of a large scale clean stoves program through forward sale of ADALYs. Working with the World Bank and the Government of Laos, CQC has been able to demonstrate that continued use of super clean “gasifier” stoves reduce air pollution and related morbidity and mortality cost-effectively in remote, rural, poor households in lowlands Laos. The lead researchers in the CQC designed initiative were UC Berkeley, supervised by Professor Kirk Smith, the global leader in households air pollution and health, and the ECB spin-off private consulting firm, Berkeley Air. Local NGO Laos Institute for Renewable Energy (LIRE), and the Dutch NGO, SNV played key roles in the supporting fieldwork and stove testing. Mette Rohr Boatman, of Geo-Sys consultants coordinated field work for the World Bank and undertook consumer acceptance assessments. The stove used is manufactured by Africa Clean Energy. The ACE stove reduced household air pollution by 75% and personal exposures of cooks by 45%. CQC’s economic analysis of a large scale project intervention show a plausible basis on which large scale distribution of stoves of this design offers a cost-effective means of improving health performance for families using wood fuels for cooking. The World Bank is reviewing requests from the Government to undertake the feasibility study for a full-scale super clean project funded by the private sector. CQC will continue to support the World Bank in the design of a clean stoves, clean air and health project.

CQC Developing New Cookstove Projects in Asia

CQC is developing business plans to build on the success of its Africa stoves business into Asia through its India business office. Our participation in a recent trade mission to Myanmar revealed an important opportunity to deploy our insights and competencies in the clean stoves and fuels business sector to Myanmar. Plans are being laid to enter the Myanmar market by the end of this calendar year.

First Monitoring Report Posted for Efficient Cookstoves in Nigeria

CQC has completed monitoring plans and posted the first Monitoring Report for its efficient cookstoves carbon project in Nigeria. The entire stock of stove funded by the project has been sold and second verification action is planned for Q4 to benefit from this outcome and maintain project momentum. Project investors have agreed to test market the TLC-CQC fixed rocket stove in rural Kano in June and July with a view to installing thousands of thee stoves in villages by the end of 2015.

CQC Collaboration with Liverpool School of Tropical Medicine

CQC is collaborating with Researchers at the Liverpool School of Tropical Medicine to explore the opportunity to make interventions of super-clean efficient cookstoves affordable to rural Malawians that, as a group, suffer extraordinarily high levels of disease from exposure to biomass smoke from cooking over open fires. CQC is a strong proponent of the disruptive technology of “gasifier” stoves, designed originally by Phillips Electronics and now produce by Africa Clean Energy as well as Phillips themselves. CQC’s collaboration is in follow up to the pioneering Cooking And Pneumonia Study (CAPS), a £2.7m MRC, Wellcome Trust and DfID (Joint Global Health Trials Scheme) funded cluster randomised controlled trial of an advanced cookstove intervention to prevent pneumonia in children under 5 years in Malawi (www.capstudy.org). In contrast to the chimney stoves studied in the trials Guatemala and Mexico, the intervention in CAPS is an advanced cookstove that reduces emissions by as much as 90% by incorporating a fan that improves combustion efficiency (12). The trial has recruited to time and target with over 4500 households representing over 9000 children up to 4.5 years old living in 150 village-level clusters having been randomised to receive an advanced cookstove intervention (two Philips fan-assisted stoves with a solar charger) or continuation of traditional cooking methods. The primary outcome is the incidence of pneumonia in children under the age of 5 diagnosed by healthcare providers blinded to trial arm using the WHO Integrated Management of Childhood Illness pneumonia assessment protocol, over 2 years follow up.

Press coverage of CAPS includes BBC News, the MRC, and the American Thoracic Society. CAPS was the focus of a UK Ministerial visit to the Liverpool School of Tropical Medicine. CQC is working with the Wellcome Trust to share material created by CAPS through their Resources for Schools Programme.

CQC joins Atlas Energies

CQC joins Atlas Energies, a Malawian business consortium, to undertake the first Independent Power Production contract in Malawi and develop Malawi’s first grid-connected Solar PV. Atlas Energies is in negotiations with various solar development partners to design, construct and manage the first solar plants with a view to developing 100MW of capacity over the next five years.

Financing Strategy and Plan for the Peru Solid Waste Management NAMA

Through its Transformation Advisory business, CQC has completed the first draft of the financing plans and strategy for the Nordic Council of Ministers funded Peru Solid Waste Management NAMA. The plan seeks to blend Green Climate Fund concessional climate risk financing with private sector and development finance to support the transition to a zero emissions MSW sector strategy over a decade.

Irish Grant to Pilot Small-Holder Firewood Production for Lilongwe Market

CQC’s joint venture in Malawi to produce sustainably harvested firewood, Total Land Care (TLC) and its partner Total Landcare Green (TLCG), have received a grant from the Irish Government to pilot small-holder production and supply of firewood from TLC-serviced villages within 50Km of Lilongwe. The grant includes a comprehensive firewood and charcoal assessment study and an evaluation of villages suited to begin contract firewood supply from managed on-farm forestry. The grant includes the purchase of “buffalo” bikes made in Ethiopia especially for heavy loads. Producers will bring their firewood cut and bundles to TLCG’s retail firewood depots in Lilongwe. The pilot program is expected to produce 5% of Lilongwe’s firewood needs in six years on a sustainable basis.  

Pioneering Laos Stoves and Health Product Fieldwork Begins

Through an initiative by CQC to create a marketable product of a year of healthy living for women and children, the World Bank hired CQC to design a program of fieldwork and analysis to establish the consumer acceptability and cost-effectiveness of generated Averted Disability Adjusted Life Years (ADALYs) from superclean Cookstoves in the households of the rural poor in Savannakhet, Laos. Accurate measurement of PM 2.5 emissions in the baseline and followed by measurement of PM 2.5 emissions reductions using gasifier stoves from Africa Clean Energy (ACE), Lesotho began in December. Results of the field work in terms of PM 2.5 reductions and the cost effectiveness of ADALYs produced will be known in March 2015. The principle researchers are UC Berkeley and Berkeley Air, supported by the Laos Institute for Renewable Energy (LIRE). CQC will support the design of a follow up large scale stoves project in the even the pilot is successful, structuring the first transactions in forward sale of ADALYs to support clean cookstove projects.

 

Transforming the Uganda Stoves Market

CQC’s Transformation Advisory Business provides advice to the World Bank’s proposed Supply Side Stove Market Transformation project in Uganda. This innovative project seeks to bring the best-in-class wood and charcoal stove producers into the Uganda market by finding partnerships between producers and distributors for local assembly and marketing, and to underwire the risks of market entry with a range of innovative financing measures. Testing of short-listed stoves will begin in March 2015 following willingness to pay and consumer acceptance studies design by CQC.

C-Quest Capital Wins $75,000 Pilot Innovation Fund Grant from Global Alliance for Clean Cookstoves

Washington, DC - At the National Clean Cookstoves and Fuels Conference in Nairobi, Kenya, on February 4, 2014, the Global Alliance for Clean Cookstoves announced that C-Quest Capital (CQC) was one of six winners in the second round of the Pilot Innovation Fund (PIF), which finances innovative approaches for enterprises in the cookstove sector.

Through TLC Green, a Joint Venture between CQC and the respected Malawian NGO Total LandCare, C-Quest will pilot a new business model that links clean, efficient improved cookstoves (ICS) with sustainable biomass fuel. CQC will use the PIF grant to test and refine the model, which is designed as a financially viable alternative to unsustainable cooking practices in poor urban neighborhoods. The target market is households whose main fuel is charcoal, although firewood users will also benefit greatly from the proposed ICS-fuel bundle. The six-month project will take place in Lilongwe, Malawi, beginning in the spring of 2014.

 This year there were more than 70 applications for grants from the $400,000 PIF, which is funded by donations from UK Department for International Development (DFID), Johnson & Johnson, and the Norwegian Ministry of Foreign Affairs (NORAD).