Projects & Finance

Wärtsilä and PT Perusahan Listrik Negara (PLN), Indonesia’s state power company, have signed a memorandum to cooperate on the development of 500 MW of power generation solutions and related small-scale LNG storage and regasification infrastructure.

Mass Energy Group Holding has awarded GE a multiyear operation and maintenance (O&M) services contract, worth $520 million, for the 3,000 MW Basmaya combined-cycle gas gas power plant. The deal came to fruition following “continuing effort” between Mass Energy Group and the Iraqi ministry of electricity to bring more electricity to the people of Iraq.

Israel Electric Corporation (IEC), the nation’s incumbent utility, has handed a multiyear contract to GE’s Power Services business to support the availability of its three 9FA gas turbines at IEC’s Eshkol, Tzafit and Alon Tavor power stations.

Portland General Electric (PGE) has filed for regulatory approval to add 860 MW of gas-fired capacity and 50 MW of solar power to its Carty Generating Station (440 MW) in Boardman, Oregon. Just the gas-fired expansion requires a permit from the Oregon Public Utility Commission (OPUC) – the solar portion only needs to demonstrate its cost-competitiveness with similar projects.

Though the ‘Golar Tundra’ floating storage and regasification unit (FSRU) has long arrived in Ghana and is ready for immediate startup – the operator Golar LNG said it is holding off, awaiting outstanding charter payments for the vessel. Ghana seeks to import LNG to fuel power plants in the eastern part of the country, where 600 MW of capacity is stranded.

Mexico’s state-owned CFE has contracted Siemens to provide long-term service and maintenance at four power plants with a combined capacity of 2,727 MW for a period of sixteen years.

Keen to curb corporate debts, Calpine Corp has agreed to sell its 375 MW Mankato combined-cycle gas power plant to Southern Power for $395.5 million plus working capital. The CCGT, located in Minnesota, provides electricity to Northern States Power under a 20-year tolling agreement through July 2026.

Chesapeake Utilities will commence operations of its first combined heat and power plant, Eight Flags Energy, on September 6 in Fernandina Beach, Florida. The operator anticipates the gas-fired CHP will yield cost-savings for customers on Amelia Island, while reducing the risk of grid disruptions.

Belfast Power Ltd has advanced its £280 million combined-cycle gas power project in the city’s harbour estate by securing over £5 million in funding from Crescent Capital. Proposed by the Greysteel brothers, the 400 MW CCGT project would be the first standalone CCGT project in Northern Ireland for over a decade.

Avanzia Instalaciones has placed an order for Siemens to supply key components for a 350 MW combined-cycle cogeneration plant in Mexico. The CHP project is privately-owned by Alpek, a subsidiary of Grupo Alfa. Commissioning of the overall facility is scheduled in late 2018.

Albares Renovables, an Argentinian green energy producer, has awarded Wärtsilä a turnkey order to supply a 100 MW plant, based on six 50DF dual-fuel engines running on gas and heavy fuel oil. Delivery is scheduled in early 2017 for the power plant to start up in August the same year.

Freeing up $165 million for phase-1 investment, GE officials have broken ground on a new multimodal “brilliant factory” in Welland, Ontario. The facility will initially manufacture reciprocating gas engines as well as components for compression, mechanical drive and power generation; production is due to start in early 2018.

Apex Power Group, formed in 2007 by ex-Panoche Energy executives, is getting ready to start up its 300 MW Pio Pico gas power plant in California. ”The project will go commercial next Tuesday [Aug. 30],” according to managing partner Michael King.

After nine years of planning and months of quarrels with environmentalists, Tenaska this week broke ground on its 925 MW Westmoreland combined-cycle gas power station. Operational start-up is scheduled for late 2018 when the CCGT is meant to help set a new cost of electricity standard for the PJM region.

An option to purchase 300 acres of land in Berry Hill Industrial Park allows Southern Power to invest around $250 million in realising a combined-cycle power plant in Pittsylvania County, Virginia. The site has easy access to the Williams Transco intercontinental gas pipeline.