Page 15 - AfrElec Week 12 2023

AfrElec NEWBASE POWER ROUNDUP GLOBAL (NRG POWER) AfrElec

NewsBase Power Roundup Global

[NRG Power]

POWER WELCOME to NewsBase’s Power Roundup Bangladesh has seen the completion of stage
Global (NRG Power), in which the reader is one of its outer containment building, with
invited to join our team of international editors, concrete pouring at the site completed a full
who provide a snapshot of some of the key issues 45 days ahead of schedule. The Rooppur 1
affecting their regional beats. We hope you will like facility, 140 km to the west of the nation’s
NRG Power’s new concise format, but by clicking capital, Dhaka, is the first of two units being
on the headline link for each section the full text constructed, with an operational target date
will be available. If you would like to receive NRG of 2024.
Power Editor’s Picks every week to your inbox for
free then please click on the link here and fill in ENERGO: PPC purchases Enel’s 5.4-GW
the form. green pipeline in Romania in $1.33bn deal
Public Power Corporation (PPC), a Greek util-
AfrElec: S&P Global downgrades South ity, will acquire Italian group Enel’s Romanian
Africa’s economic outlook amid worsening assets as part of a €1.26bn ($1.33bn) deal. The
energy crisis green energy project portfolio has a planned
International ratings agency S&P Global has capacity of 5.4 GW. This pipeline is ten times
changed South Africa’s outlook from ‘positive’ larger than Enel’s existing renewable energy
to ‘stable’ as the country’s worsening energy projects in Romania. Enel currently has 535
crisis continues to impact economic growth. MW of installed capacity in the Balkan country.
In May 2022, S&P gave South Africa a positive
outlook owing to the country’s improved fis- REM: European Commission proposes ac-
cal trajectory coupled with the government’s celerating renewables
structural reform efforts. The European Commission has proposed re-
forming the EU’s electricity market to accel-
AsiaElec: Russian-backed Bangladeshi erate renewable energy. Natural gas would be
NPP ahead of schedule phased out, a proposal likely to be opposed by
The first nuclear power plant to be built in some members countries.

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