CWE Chairman Mike Ashburn, together with Camco China MD, Alan Ho, officiated at the opening of a new branch office in Taiyuan, capital of Shanxi province. The office will serve the needs of both Camco and CWE as both companies seek to develop their business in energy-rich Shanxi province. After ribbon cutting and fireworks a formal opening ceremony was held in the World Trade Centre Hotel where Mr Liu Xiangdong, Mr Zhang Chonghui and Mr Han Heping from Shanxi provincial government gave speeches about the great opportunities for environmental protection and carbon reduction businesses in Shanxi province. At the end of the ceremony Mr Kent Carter, MD of Clearworld Energy Ventures, signed a co-operation agreement with Yao Junjie, President of Meijin Group to jointly develop a series of major energy saving projects.

On July 19th the entire staff of Camco China and ESD-Sinosphere flew to UK for an exiting event at Overmoor Farm, near Bath in UK, the original HQ of ESD and still the spiritual home of the consulting business. Including family members over 60 people made the trip which was exhausting but enjoyable. After a reception at the Pump Rooms at the Roman Baths on Thursday night we had an eighteen hour day on Friday where the business strategy for Camco – the world’s leading full-integrated climate change company was outlined to all 200 staff by Jeff Kenna the CEO. There followed presentations on technologies, projects, company culture, branding, as well as working sessions on key issues. After the launch of the new biomass heating system at Overmoor farm the rain stopped and the summer party started with drinking and dancing until jet lag caught up with everyone. The company made a flying visit to London to see the sites and meet colleagues in the London office before returning to China after 5 hectic days.

In July 2007 Clearworld Energy will be a silver sponsor of Green Long March, one of China’s largest youth outreach events, in which teams of students will march on routes throughout China bringing the message of sustainable development to rural regions and surveying the many successful examples of sustainability worked out at grass roots level by local communities. Consistent with its clean energy and climate change mitigation mission, Clearworld Energy will sponsor the Northeast Forest Route. Other sponsors of the GLM include Goldman Sachs, Suntech and Yahoo China.

www.greenlongmarch.org

Clearworld Energy together with Energy for Sustainable Development (ESD) – a Camco Group company – have acquired a majority share in the business of Sinosphere Limited – a consulting company providing world leading environmental and social management consulting in the China market.

The acquisition will enable the carbon management and renewable energy consulting practices of ESD to reach the China market more effectively.

Mike Ashburn, Chairman of ClearWorld Energy, said, “ESD Sinosphere provides a one stop shop for environmental, energy and carbon consulting services here in Beijing and throughout China”. As part of the deal Mr Henri de Branche the former CEO of Sinosphere will join Clearworld Energy to lead some of the company’s new clean energy technology projects

Camco has acquired Energy for Sustainable Development (“ESD” www.esd.co.uk ), one of the world’s leading climate change businesses with 120 professionals operating in 8 offices across the UK, Eastern Europe, China and Africa.

Jeff Kenna, the co-founder and CEO of ESD and a non-executive director of Camco has been appointed CEO of Camco with immediate effect, succeeding Tristan Fisher who retires as CEO and also as an executive director.

Camco believes that the combination of ESD and Camco will create a world leading fully integrated climate change business with over 180 staff operating in 14 offices across 7 countries.

ESD is a multiple award winning climate change business established in 1989 with over 120 employees across the UK, Eastern Europe, Africa and China and, together with Clearworld Energy, was a co-founder of Camco’s business in carbon management. ESD has advised on over 1,000 projects for governments, NGOs and corporates and specializes in policy, business strategy, market development, local planning, carbon management, low carbon buildings, sustainable energy and technology development. ESD’s clients and partners include some of the world’s leading organisations such as the World Bank, the UN, Shell, BP, Lafarge and BMW.

Camco International, today announces the registration of the 12.3 million tonne CO2 emissions reduction ‘Jinan Iron and Steel Group Corporation Combined Cycle Power Plant Project’, the largest energy efficiency project developed under the CDM to date.

Clearworld Energy also congratulates Climate Change Capital and Zhejiang Juhua Fluochemicals Group on the registration of their 33 million tonne HFC abatement project on which the company played an intermediary role

After several months of working together Clearworld Energy Ventures (CWEV) and ESD Ventures (ESDV) of UK today concluded a partnership agreement to work together on bio-gasification technology for both China and overseas markets. The agreement was signed by Kent Carter, Managing Director of CWEV and Ian McChesney Director of ESDV.

Kent Carter stated “This partnership will enable ESDV’s knowledge of biogasification technologies to be combined with the impressive expertise in the local market. The goal is a winning technology for medium scale biomass to power opportunities which can be exported world-wide”.

After a year of hard work Clearworld Energy organized a group “time out” at the Universal Resort in Sanya. Attended by all directors and staff of CWE, CWEV, Camco Beijing, old associates CREIA and new associates, Sinosphere – there were also visits from Camco’s Global CEO Tristan Fischer and CFO Scott McGregor.

After a morning of meetings discussing the way forward, some bizarre and life-threatening team building exercises were followed by a beach party and Karaoke fest. Tourism and golfing occupied the rest of the weekend which ended with visionary speeches by Mr Feng Fei, Director of Department of Industrial Economic Research of the State Council Development and Research Center and Mr Li Junfeng, Secretary General of CREIA

Clearworld Energy and Camco International are pleased to announce the incorporation of a new company in Beijing called Camco Carbon Assets Consulting Beijing Limited which will provide local liaison and the needed in-country services for the group’s CDM projects.

The new company will take over the office of CWE on the 9th Floor of Lucky Tower and many former CWE staff who had been engaged on CDM projects will now formally join Camco Beijing.

Clearworld Energy is pleased to announce the incorporation of a subsidiary Clearworld Energy Ventures (CWEV), to focus on the financing of clean energy projects, companies and technologies – and to raise new investment funds for clean energy in China.

CWEV is a joint venture between the company and Mr Kent Carter, one of the most experienced developers of energy projects in Asia, who will serve as Managing Director of CWEV. Kent Carter said “I am happy to join the Clearworld Energy family and look forward to working together with Mike (Ashburn) and Alex (Westlake) to realize some good investments”.

Camco International Limited ("Camco" or the "Company"), a significant co-developer and originator of Carbon Credits under the Kyoto Protocol, announces that it expects to be admitted to trading on the Alternative Investment Market of the London Stock Exchange on Tuesday, 25 April 2006.

As part of the AIM Admission, Camco has raised £24.9m in a placing conducted by KBC Peel Hunt at 64p per share. The capital raising was supported by blue chip institutions and was well oversubscribed. Camco is expected to have a market capitalisation of approx. £83m at the placing price.

The merger creates one of the world's largest carbon asset portfolios, with a significant market presence in China, Russia, Africa, Central and Eastern Europe. Camco International now manages over 80 million tonnes of carbon assets across its key markets and will continue to develop new opportunities and expand its service offering

Clearworld Energy concludes an agreement with Climate Change Capital – the climate change investment bank and leading carbon credit bank – to work together to develop two CDM projects in China including a very large HFC-23 abatement project in Zhejiang province

The consolidated CBM/CMM methodology, which included the Clearworld Energy authored Fuxin methodology was approved on November 24th by the CDM Executive Board in its 22nd session. The methodology drew strongly on recommendations made by Dr Alex Westlake in the area of CBM.

Clearworld Energy’s client GreenOneTec reaches Framework Agreement for the acquisition of a major share of Chinese solar water heating collector company, Tai Yang Yu, based in Lian Yun Gang. The agreement paves the way for detailed due diligence and a merger which could become the largest global SWH player.

ClearWorld Energy is pleased to celebrate with the Chinese Renewable Energy Industries Association and the Inner Mongolia LongYuan Windpower Development Company, the registration of the Huitengxile 25.8 MW windfarm project as the first CDM project to be registered in China and the first windfarm to be registered globally. This was Dr Alex Westlake’s first CDM project and he is delighted that it crossed the finish line and sets an example for other developers in China to follow.

ClearWorld Energy sign largest CDM contract to date with Yangquan Coal Group in Shanxi province – ClearWorld will provide consulting to optimize the carbon value based on 90MW of CMM gas fired power plants.

ClearWorld Energy and Westlake Associates formally merge their businesses under the ClearWorld Energy banner – Mike Ashburn takes the role of Chairman and Alex Westlake is Managing Director

Dr Alex Westlake is confirmed as Secretary to the Steering Committee of the REEEP East Asia Secretariat at its inaugural meeting in Beijing.

Tai Yang Dian Li company name formally changed to ClearWorld Energy Ltd to establish strong corporate identity with common meaning in both English and Chinese languages.

First consulting contract signed with GREENoneTec of Austria, the world’s leading manufacturer of flat-plate solar water heating collectors – china market study and partner selection.

Westlake Associates signs CDM Development Agreement with Fuxin Coal Mining Group for a series of CMM to power projects.

Signature of MoU on development of tidal energy project with government of Dandong City, witnessed by Liaoning provincial governor Zhang Wenyue at Waldorf Astoria hotel in New York.

Westlake Associates Beijing Representative Office and Tai Yang Dian Li open joint office in Lucky Tower in Beijing’s Chaoyang business district.

Westlake Associates awarded its first CDM consulting contract by Xinwen Coal Mining Group for an energy efficiency project at their new Taishan cement plant.

Tai Yang Dian Li signs Joint Development Agreement with Tidal Electric Inc of USA to develop tidal lagoon technology in China.

Investigation of various technologies lead to first contact with the inventor of a new tidal energy technology and initial studies of suitable sites in China which showed good promise.

ClearWorld Energy is incorporated to focus on developing projects in China based on new energy technologies. The original name was Tai Yang Dian Li (International) Ltd – literally “Sunshine Power”.

Westlake Associates Limited is registered in Hong Kong to provide consulting services to China to improve management and environmental performance.