MAN ES becomes Everllence
June 6 – The former MAN Energy Solutions is now operating under a new name and has become ‘Everllence’. The company remains part of the Volkswagen Group, and its product and service portfolio stay unchanged.
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Weekly Roundup 2025 June 6
- Interconnectors poised to reduce gas-burn in Singapore
- Henry Hub spot price forecast to top $4.20 in Q3-2025
- First Gen sells lion’s share in gas business to Prime Infra
- Australia: East Coast gas market faces structural shortfall
- Solar, wind could power 30% of data centers in ASEAN by 2030
- US gov’ slashes funding for CCS project worth $3.7 billion
- Ansaldo’s dual-track strategy includes gas and new nuclear
- Baker Hughes to supply 16 gas turbines to data center
News in Brief
10-year PPA signed for wind energy
June 3 – MET Energia Italia and Eredi Gnutti Metalli have entered a 10-year Power Purchase Agreement (PPA) to offtake wind energy at a fixed price. The volume of electricity supplied under the PPA represents about 9% of the energy needs of Eredi Gnutti’ Brescia-based metallurgy plants.
CAISO curtails solar power
June 2 – California Independent System Operator (CAISO), the grid operator for most of the state, is increasingly curtailing solar- and wind-powered electricity generation as it balances supply and demand amidst rapid renewables capacity growth. In 2024, CAISO halted the dispatch of 3.4 million MWh of wind and solar output, a 29% increase year-on-year.
Ethanol-fuelled plant to be tested in Brazil
May 30 – Wärtsilä is partnering with a power plant in the Brazilian city of Recife with a view to running a 4 MW engine on ethanol for 4,000 hours during a two-year pilot starting in April 2026. The Finish engine maker claims the tests will be ‘world-first trial’ in generating electricity with an ethanol-powered engine, though Petrobras and Vale ended a similar trial over high costs and low uptake.
Capstone turbines to power community in Oceania
May 29 – Capstone’ Australian distributor, Optimal Group, has been selected as EPC contractor for a remote community power generation project in the Oceania region. Two Capstone C1000S microturbines will deliver an initial 2 MW of electricity to an isolated community, with the system designed to be scaled up 5 MW of power.
Tests help optimise Wärtsilä’s ammonia
May 27 – Extensive testing of Wärtsilä 4-stroke engine for ammonia fuel have helped optimise performance. Co-firing a 95% ammonia energy share now achieves up to a 90%reduction in greenhouse gas emissions compared to equivalent diesel engines. Recent tests proved ammonia to be a suitable fuel for the low-pressure Otto cycle concept, which Wärtsilä uses for dual-fuel engines running on LNG.
MAN engines bound for Texan power plant
May 23 – Kerrville Public Utility Board (KPUB) has selected MAN Energy Solutions to supply six 18V51/60G gas engines, providing a total capacity of 124 MW. The gas engines are used in a peak-load power plant in Texas, increasing grid stability.
PROPWR secures inaugural contract
May 21 – ProPetro Holding’s PROPWR division has secured its inaugural contract to commit 80 MW of power generation capacity for a Permian-focussed E&P operator starting from the third quarter of this year through 2026. Electricity will be supplied to a distributed microgrid installation, utilizing in-field gas.
Henry Hub spot price to top $4.20
May 19 – Natural gas prices in the US are set to rise in the coming months as more LNG gets exported and gas-burn in the electric power sector increases seasonally. Government analysts forecast Henry Hub spot price will average nearly $4.20/MMBtu in the third quarter of 2025 – almost double the price from a year earlier.
MHI starts up CCS pilot in Japan
May 15 – Mitsubishi Heavy Industries (MHI) has installed and commissioned a new carbon capture pilot project at KEPCO’s Himeji No.2 power plant Japan. The LNG-fuelled plant consists of 6 units and has a maximum output of 2,919 MW.
NFE signs charter for Energos Freeze
May 14 – New Fortress Energy (NFE) has executed a three-year charter agreement for the Energos Freeze FSRU, with Energía 2000 in the Dominican Republic. The 125,000 cbm floating storage and regas unit will be deployed at port of Manzanillo and is due operational in September 2025, providing fuel for local power generators and industry.
Hawaiians pay sky-high electricity prices
May 13 – US electricity customers in states such as Hawaii and Connecticut paid more than $200 per month for electricity in 2024 – more than twice as much as customers in states such as New Mexico and Utah. According to the EIA, the average electric monthly bill for U.S. residential customers was $144.
Sembcorp signs S$650m deal with Aster
May 12 – Sembcorp has been contracted to provide gas, electricity and utility services to Aster Chemicals and Energy. The deal is worth at more than 650 million Singapore dollars (US$500.23 million), with works focussing on Aster’s refining and chemical facilities on Pulau Bukom and Jurong Island.
Reliance signs solar PPA with SECI
May 8 – Reliance NU Suntech, part of Reliance Power, has sealed a 25-year power purchase agreement with Solar Energy Cop of India (SECI) to deliver 930 MW of electricity. The intermittent solar power supply will be backed up by a 465 MW/1,860 MW battery energy storage system – all at a fixed tariff of 3.53 Indian Rupees (₹) per kWh.
SF6-switchgear for China’s SGCC
May 7 – Hitachi Energy will deliver the world’s first sulfur hexafluoride (SF6)-free 550 kV gas-insulated switchgear to the Central China Branch of the State Grid Corporation of China (SGCC). The move towards clean switchgear helps decarbonize the Chines power grid and contributes towards the country’s target of reaching carbon neutrality by 2060.
Revcoo launches new CO2 capture tech
May 5 – French cleantech firm Revcoo, a French cleantech start-up, has developed a new technology to capture CO2 directly from factory chimneys. The company will launch Series A round to roll out its solution on a large scale, aiming for a turnover of €200 million by 2030.
Wärtsilä helps decarbonise Curaçao
May 1 – The Finish technology group has signed a services agreement with Aqualectra, the leading power generation on the Caribbean island of Curaçao. The 5-year accord will see Wärtsilä optimise energy generation on the island as Curaçao targets to move from its current 30% renewable capacity to 50% in 2025 and 70% by at least 2027.
Energiequelle plans green H2 plant in Oulu
April 11 – Energiequelle, a Berlin-based green energy company, has reserved a site for a new hydrogen plant Oulu, northern Finland. Once completed, the electrolysis plant could reach a capacity of over 500 MW, with the plant meant to be commissioned in three phases between 2028 and 2033.
BAM tool helps optimise wind turbines
April 10 – As offshore wind becomes cost-competitive to fossil power generation, Germany’s Federal Institute for Materials Research and Testing (BAM) is developing a digital tool to help wind farm operators decide whether to continue operating older wind turbines or replace them. Modern wind towers generate up to 20 MW each, three to four times more than older structures, while fossil power station based on a modern gas turbine generates over 590 MW.
Tamil Nadu plans to add 2.6 GW
April 7 – Tamil Nadu Power Generation Corp (TNPGCL) are planning to add 2,640 MW of power gen capacity in India. Main projects included Stage 3 of the 800 MW North Chennai power station, Stage 1 of the 1,320 MW Udangudi power plant as well as the 500 MW Kundah pumped hydro power project.
