Page 19 - AfrElec Week 23 2022

AfrElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AfrElec

NewsBase’s Power Roundup

Global [NRG Power]

POWER WELCOME to NewsBase’s Power Roundup ENERGO: Masdar to develop 4 GW of renewa-
Global (NRG Power), in which the reader is ble energy projects in Azerbaijan
invited to join our team of international editors, UAE-based renewable energy company Mas-
who provide a snapshot of some of the key issues dar has signed agreements with the Ministry
affecting their regional beats. We hope you will like of Energy of the Republic of Azerbaijan for the
NRG Power’s new concise format, but by clicking implementation of clean and renewable ener-
on the headline link for each section the full text gy development projects in the country with a
will be available. total proven capacity of 4 GW under an exclu-
sive concession. Under the agreements, Masdar
AsiaElec: Israeli tech firm SolarEdge opens bat- also has the right to develop another 6 GW as
tery plant in South Korea a second phase, bringing the total production
Leading Israeli tech firm SolarEdge has an- capacity of these projects to 10 GW – the largest
nounced the establishment of a 2-GW battery in Azerbaijan’s history.
cell manufacturing facility in South Korea. The
facility has been opened south-east of the cap-
ital Seoul in the Eumseong Innovation City,
Chungcheongbuk-Do, in conjunction with lo-
cal SolarEdge subsidiary Kokam Ltd.

REM: Shell enters Texas market with 100% re-
newable energy plans
Shell, Europe’s largest oil and gas company, is
now offering 100% renewable electricity plans
to eligible customers in Texas. The Shell Energy
brand was launched in Texas on June 7.

Week 23 09•June•2022 www. NEWSBASE .com P19