Page 16 - AsiaElec Week 02 2023

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

NewsBase’s Power Roundup

Global [NRG Power]

POWER WELCOME to NewsBase’s Power Roundup REM: Massachusetts approves power contracts
Global (NRG Power), in which the reader is for offshore wind farms despite developers’ ob-
invited to join our team of international editors, jections
who provide a snapshot of some of the key issues Massachusetts regulators have approved pow-
affecting their regional beats. We hope you will like er purchase agreements for two large offshore
NRG Power’s new concise format, but by clicking wind farms despite the developers’ objections.
on the headline link for each section the full text The state Department of Public Utilities (DPU)
ill be available. approved the 20-year PPAs for the 1.2-GW
Commonwealth Wind and 1.2-GW Mayflower
AfrElec: FEDA to acquire minority stake in wind projects. Both are due to be sited off Mas-
Nigeria’s Geregu Power sachusetts and are slated to come online in 2028
The Fund for Export Development in Africa and 2025 respectively.
(FEDA), a subsidiary of the African Export-Im-
port Bank (Afreximbank), has received internal
approval to acquire a minority stake in Geregu ENERGO: Romanian project company hires
Power Plc, a Nigerian energy company with a US NuScale for engineering and design of first
capacity of over 430 MW. The acquisition, which SMR nuclear plant
is subject to satisfactory diligence and documen- The Romanian joint-venture RoPower Nucle-
tation, is part of FEDA’s efforts to support leading ar, owned in equal shares by state-controlled
energy platforms in Africa, including renewables Nuclearelectrica and private energy company
and transition fuels. Nova Power & Gas, marked a significant step
toward the deployment of the first small mod-
ular reactor (SMR) power plant in Romania
when on December 28 it hired the US compa-
ny NuScale Power for engineering and design
work. Phase 1 of the front-end engineering and
design work awarded to NuScale will define the
major site and specific inputs for a VOYGR-6
SMR power plant to be deployed at the Doic-
esti Power Station site in Romania, NuScale an-
nounced in a press release.

P16 www. NEWSBASE .com Week 02 10•January•2023