Singapore-based Sembcorp Industries has today reached an agreement to acquire the business and all assets of UK Power Reserve (UKPR) for £216 million ($167m). The deal gives Sembcorp an additional capacity of over 1,000 MW in the UK, where it currently supplies energy and services to industrial firms on Teesside.
Fast-track delivery of six Wärtsilä engines for a 100-MW power plant in the Gazipur Industrial Zone helps alleviate regional power shortages in Bangladesh. The order has been placed by China-based Hubei Electric Power Survey & Design Institute.
More than three months after Hurricane Maria hit the U.S. territory on September 20, over 1.5 million Puerto Ricans remain without stable electricity supply. Hard-pressed to revamp the island’s power grid, the island’s energy commission has now proposed to emphazise new wind and solar power projects, next to fast-ramp gas peaking plants.
UK Power Reserve, developer of decentralized energy, has hit the milestone of 500MW of flexible power plants in operation. Pointing out its strong track record in translating prequalification results into Capacity Market contracts, UKPR said it “fully expects its portfolio will surpass a gigawatt at the capacity market auction in February.”
At events, particularly major sporting shows, there is need to fast-track power solutions and maintain a stable, continuous supply. RnRMarketResearch has singled out the sector as the growth driver for rental power solution: Expanding at over 8% per annum, the global power rental market is estimated to be worth $20.64 billion by 2022.
Britain’s dominant energy supplier Centrica sees a “trend of less value being generated by centralized power,” meaning large combined-cycle gas turbine (CCGT) units, “so we have converted a number of these into more flexible open-cycle (OCGT) units,” says Merchant Power Director, Mark Futyan. In addition, Centrica is building 100-MW of decentralized capacity, based on Wartsila gas engines and 50-MW energy storage.
Southern California Edison (SCE) and General Electric today unveiled the world’s first battery-gas turbine hybrid system in Norwalk, California. This is the first of two units that GE has delivered for SCE only months after announcing initial deployment plans.
South Africa’s largest Independent Power Plant (IPP), the 670 MW Avon open-cycle gas turbine plant is now in full commercial operation. Together with its sister power plant, the 335 MW Dedisa IPP, the 4-unit Avon power project was initiated by South Africa’s Department of Energy and has been realised on a on a Build, Own and Operate (BOO) basis.