Page 13 - AfrElec Week 18 2022

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

NewsBase’s Power Roundup

Global [NRG Power]

POWER WELCOME to NewsBase’s Power Roundup REM: Europe invested €41bn in new wind
Global (NRG Power), in which the reader is farms in 2021, says WindEurope
invited to join our team of international editors, Europe invested €41bn ($43bn) in 2021 in new
who provide a snapshot of some of the key issues wind farms, says WindEurope. But the market
affecting their regional beats. We hope you will like is only half the size it should be for Europe to
NRG Power’s new concise format, but by clicking reach its new climate change and energy secu-
on the headline link for each section the full text rity targets, says the trade group.
will be available.

ENERGO: Finland terminates nuclear power
AsiaElec: India unlikely to meet 175-GW green plant with Russian Rosatom
target in 2022 Finnish Fennovoima has announced it is termi-
India will probably fail to meet its 175-GW nating the contract for the delivery of the Han-
renewable energy target for the end of 2022, hikivi 1 nuclear power plant with Russian nu-
although it is more likely to meet its 450-GW clear power agency Rosatom due to “significant
goal for 2030.At present, 27 of the country’s delays and inability to deliver the project”, while
states need to accelerate their green additions noting that “the war in Ukraine has worsened
if the country as a whole is to raise its green ca- the risks for the project”. As suggested previ-
pacity from 110 GW at the end of March to 175 ously by bne IntelliNews, Russian State Atom-
GW by December. ic Energy Corporation (Rosatom) is likely to
see a number of its projects abroad suspended
following Russia’s military invasion of Ukraine
ordered by President Vladimir Putin on Febru-
ary 24, including the€7-7.5bn Hanhikivi-1 (1.2-
GW) project.

Week 18 05•May•2022 www. NEWSBASE .com P13