Spark Cognition, a global artificial intelligence (AI) technology leader, and Mitsubishi Hitachi Power Systems Americas are working together to advance AI applications in MHPS-Tomoni. This new digital platform from MHPS optimizes power plant processes through cognitive analytics, prioritizing customer collaboration.
Mitsubishi Hitachi Power Systems (MHPS) has just disclosed that customers in Asia, the U.S., Mexico and South America have technically selected the M501JAC for their projects 26 times, representing over 14 GW of new power projects. MHPS's new JAC-class turbine has unprecedented statistics – 99.5% reliability while approaching 65% efficiency.
By 2019, about 600 MW of Jamaica’s generation will be powered by natural gas and renewables, exceeding the current 580 MW daily average. To help advance this goal, New Fortress Energy (NFE) has pledged to invest close to $1 billion into the country’s gas and power sector – the latest milestone being the ground breaking for a $265 million LNG-fuelled combined heat and power plant (CHP) at Jamalco’s Halse Hall headquarters in Clarendon.
The board of TransAlta Corp has approved additional elements in the company’s strategy to transition to gas and renewables generation. This includes a letter of intent to build a 120km gas pipeline from Tidewater's Brazeau River Complex to TransAlta's generating units at Sundance and Keephills, eventually supplying up to 340 million cubic feet of gas per day.
Tianjin Pauway Power Equipment Co. has commissioned an emergency power supply system based on ten 20-cylinder MTU Series 4000 engines for a new data centre, operated by the Chinese internet provider Sinnet in Beijing. The brand MTU is part of Rolls-Royce Power Systems.
Gulf Energy, Thailand’s third largest power producer, has made its market debut today at the Thai Stock Exchange. The IPO was Thailand's largest corporate listing in a decade, raising 24 billion baht ($736.20 million). The company said it will use most of the funds to finance new gas-fuelled power plants with a view to reach over 11.1 GW in installed capacity by 2024.
Gemma Power System has selected Matrix North American Construction (Matrix NAC) as a subcontractor to carry out critical equipment erection work during for Exelon West Medway II – a 200 MW dual-fuel simple cycle power plant in Medway, Massachusetts. As the EPC contractor for the Medway II project, Gemma has commissioned Matrix to install the plant’s centerline and erect the stacks and selective catalytic reduction (SCR) system.
The Asian Development Bank (ADB) has approved debt financing and partial risk guarantees worth $583 million to help Reliance of India develop a $1billion project in Bangladesh, consisting of an LNG import terminal near Kutubdia Island and adjacent gas power generation.
Decentralized generation, independent power production, and microgrids are vital enablers to drive reliable power supply in both emerging economies. To that end, EnPro Industries company Fairbank Morse introduced at POWER-GEN International a PoweReliability-as-a-Service platform, powered by its new Trident OP engine that is based on a fuel-efficient opposed piston architecture.
Russia’s independent energy company Novatek said today’s start of production at Yamal LNG’s first 5.5mtpa liquefaction train opens “a new chapter in our corporate history.” The first LNG tanker will set sail on December 8, Novatek said, stressing it has completed the $25 billion project on time and on budget.
Advances in additive manufacturing and combustion breakthroughs have helped GE Power achieve 64% efficiency in combined-cycle application at its largest gas turbine – the 9HA.02. This rate, according to the manufacturer, is “higher than any other competing technology today.”
Just weeks after merging with Braden, a maker of gas turbine auxiliary equipment, Innova Global announced it has won $43 million worth of new work. The new orders largely relate to a range of gas-fired power projects in North America, but also include contracts for work from Australia, Mexico, Chile, Jamaica, Pakistan and Russia.
US regulators have reached a settlement with Mississippi Power on the split of the remaining costs associated with the troubled $7.5 billion Kemper County power plant – once intended as a pilot coal gasfication plant before developers pulled the plug over technical issues. After months of quarrels at court, Southern Co. agreed to lower the price tag on the project by $85 million to $853 million, lowering the burden on ratepayers.
Papua New Guinea's first utility-scale gas engine-based power project will go ahead after Wärtsilä and Australian EPC partner Clough just won the turnkey contract to build the 58 MW POM Power Station near Port Moresby. The two developers said they expect to complete the project in late 2018.
SIMEST has acquired an 11% stake in Ansaldo Energia Switzerland, a wholly-owned subsidiary of the Italian engineering company Ansaldo Energia. Additionally, SIMEST has made an interest contribution against a €60 million ($71.2m) loan granted by UBI Banca, offering financial coverage for Ansaldo Energia Switzerland's capitalisation and investment plans.