Page 16 - AfrElec Week 39 2022

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

NewsBase’s Power Roundup

POWER WELCOME to NewsBase’s Power Roundup REM: Matrix secures 4.6-GW US solar deal
Global (NRG Power), in which the reader is Matrix Renewables, the TPG Rise-backed glob-
invited to join our team of international editors, al renewable energy platform, has secured a
who provide a snapshot of some of the key issues 4.6-GW portfolio of utility-scale solar energy
affecting their regional beats. We hope you will like projects across the central US. It has also signed
NRG Power’s new concise format, but by clicking a broader development joint venture with the
on the headline link for each section the full text projects’ original developer, SolarStone Part-
will be available. ners.

AsiaElec: Indonesia backtracks on closure of
coal plants ENERGO: Chinese fund acquires 49% of future
Indonesia is showing an ever increasing reluc- TPP in Uzbekistan from Saudi ACWA
tance to close down its ageing coal-fired (ther- China’s Silk Road Fund (SRF) has purchased
mal) power plants in line with assurances made 49% of the shares in a $1bn gas-fired power
last year towards the nation one day achieving plant in Uzbekistan from Saudi private oper-
net-zero status. And to add insult to environ- ator ACWA Power. The deal was disclosed on
mental injury, authorities in the capital Jakar- the day of arrival of Chinese President Xi Jin-
ta are even giving the green light on a number ping for the Shangahi Cooperation Organisa-
of development projects at new coal facilities, tion (SCO) summit held in Samarkand, Uzbek-
albeit in doing so, they are promising to shut istan, last week.
them down by 2060.

P16 www. NEWSBASE .com Week 39 29•September•2022