Projects & Finance

New Fortress Energy (NFE), the owner of gas liquefaction facilities in Florida, will work with the Philippine National Oil Company (PNOC) to accelerate the deployment of LNG and power generation units. Two rival regas projects are already under development by First Gen and World Corp.

Long Ridge Energy Terminal plans to transition its 485 MW combined-cycle power plant to run on carbon-free hydrogen. With commercial operations planned for November 2021, Long Ridge will be the first power plant in the U.S. to blend hydrogen in a GE H-class gas turbine.

McDermott and Saipem have selected Siemens Energy to supply six SGT-800 industrial gas turbines for an onsite power plant at Mozambique LNG. The Total-led venture develops offshore fields in Mozambique’s Area 1 with a view to liquefying over 12 million tons per year of natural gas.

Japan's largest power producer JERA is reinforcing efforts to reach net-zero carbon emissions by 2025. All inefficient (supercritical or less) coal power plants will be either retrofitted with ammonia co-firing or shut down, complemented by new offshore wind projects.  

The steel maker of Hyundai auto group has broken ground on a plant that will produce hydrogen from waste heat generated by steel mills and by-product gas. Situated in Dangjin, some 70km southwest of Seoul, the plant will supply 2,000 tons of hydrogen annually from early 2021.

US engine maker Cummins will invest more than $25 million at its Seymour Engine Plant (SEP) over the coming years to create or retain over 150 jobs. The investment will improve the plant manufacturing capabilities and prepare for the addition of a new engine platform in 2024.

Spin-off Siemens Energy and the state of Berlin are looking at the feasibility of locating the manufacturer’s new corporate headquarters in Berlin-Moabit, adjacent to Siemens’ gas turbine factory. CEO Christian Bruch and CFO Maria Ferraro intend to move to their new offices at the start of 2021.

Japan’s largest utility JERA has notified the government about plans to build new combined-cycle gas power Units 7 & 8 at the Chita Thermal Power Station. The two 650 MW units are designed to reach a gross thermal efficiency of 63% and will be fuelled by regasified LNG.

Rolls-Royce will deliver and install a Bergen gas engines in an onsite power unit at the Dhamra LNG terminal in India, based on an order from DLTPL, a joint venture between Adani Group and Total.  The Dhamra LNG terminal is due for commissioning towards the end of 2021.

Three GE 9E.03 gas turbines have been rehabilitated at power plants, operated by Niger Delta Power Holding Company (NDPHC) in Calabar and Sapele, Nigeria. The service interventions reduce the risk of unplanned downtime and ensure stable supply of 360 MW electricity to the grid.

Mitsubishi has signed a full turnkey EPC contract to build a combined-cycle plant near Bangkok on behalf of Hin Kong, an independent power producer (IPP). The 1,400 MW plant will be powered by two M701JAC gas turbines that are slated for commissioning in March 2024 and January 2025.

Turkish Karadeniz Energy Group has brought Indonesia’s first ever floating LNG-to-Power project into operation. The 125 MW Karpowership Zeynep Sultan burns regasified LNG, supplied via a floating storage regas unit (FSRU).

Page 1 of 209

News in Brief

Energy storage for LNG-powered vessels

Oct 21 – Louisiana-based Harvey Gulf has asked Wärtsilä to retrofit its energy storage system (ESS) on four LNG-fuelled platform support vessels. Once upgraded in early 2022, all vessels will be of full tri-fuel operation.

Mott McDonald starts construction on ALCP6

Oct 20 – US construction firm Mott McDonald has started building the ALCP6 waste to energy project in Krabi province, southern Thailand. The plant will incinerate 144,000 tonnes per year of municipal solid waste, and the heat obtained will be converted into 6 MW of electricity to be exported to the Thai national grid.

Brace for EU sustainable finance rules

Oct 19 – Sustainable finance practices, drawn up by the European Commission, could create a "bureaucratic monster" that smaller companies and energy investors would find overbearing, the Munich-based Institute for Economic Research (ifo) warned. The regulation should hence prioritise closer scrutiny of large and listed companies.

UK could become net power exporter

Oct 16 – Increased interconnection could provide a route for excess offshore wind power in Britain to be consumed elsewhere in Europe. National Grid Interconnector Register shows up to 16 GW of interconnection could be operational by 2025 and up to 25.4 GW by 2030.

Wärtsilä to deploy GridSolv in US city

Oct 15 – AEP OnSite Partners has contracted Wärtsilä to deploy its GridSolv Quantum energy storage in the city of Martinsville, Virginia. The system includes an UL9540A limiting 2-hour battery firewall and will help lower the city’s energy costs.

Rolls-Royce spends $13.9m in Mankato

Oct 14 – Britain’s engine maker Rolls-Royce has decided to invest nearly $14 million in its Power System business to build a new R&D centre at its MTU manufacturing plant in Mankato, Minnesota, US. The expansion will see 28,000 square foot added to the facility’s existing hall, making room for the production of high-power MTU gas gensets, enhanced product testing and the creation of 20 new manufacturing positions.

Clarke commissions Vitalait power unit in Tunisia

Oct 13 – Clarke Energy and INNIO Jenbacher have completed the commissioning of an onsite power plant of a milk producer in Tunisia. The installation of another Jenbacher gas engine has increased the plant’s output to 4 MW of electricity as well as 1,100 kW of hot water and 800 kW of steam.

Secondary battery market to top $55bn

Oct 12 – Technavio expects the secondary battery market to grow by $55.62 billion through 2024, rising at an 11% rate over the forecast period. Falling costs for lithium-ion batteries as well as growing demand in Asia Pacific allowed the market to grow 2.01% this year, despite adverse effects of the pandemic. Top battery suppliers are Tesla, Clarious, Exide, LG Chem, GS Yuasa and Samsung.

Shift to sustainable tech

Oct 9 – Three quarters of utilities, surveyed by EIT InnoEnergy, are considering adopting sustainable technology over the next 12-18 months. However, over one third of the respondents found it hard to recruit the skills they need.

Generator rentals slow

Oct 8 – The rental market for power generators has slowed down due to the pandemic, with genset rentals from the oil and gas industry forecast to grow by just $153.87 million this year. However, Technavio expects the market will return to a 3% annual growth rate by 2024.

GE upgrades Italian CHP

Oct 7 – GE has completed an axial fuel staging upgrade on its 9E gas turbine at an onsite combined heat and power (CHP) plant at the Milazzo refinery in Sicily. The entire electricity needs of the refinery, over 780 GWh in 2019, will soon be supplied by the upgraded and more flexible gas turbine.

Operating assets ‘from anywhere’

Oct 6 – GE Digital’s latest software gives electric utilities remote and mobile control over their power stations for remote start-up, external monitoring and operational fine-tuning. The goal is to safe cost through autonomous operation from any location.

Chart wins order from New Fortress Energy

Oct 5 – Chart Industries has secured a second leasing order, worth $7.7 million, for ISO containers for LNG applications from New Fortress Energy for a project in the Caribbean. The US equipment maker sees double digit near-term growth in its repair, service and leasing business, notably from growing demand for LNG equipment for infrastructure.

Siemens energises Togo

Oct 2 – Siemens Energy has delivered a SGT-800 gas turbine and other components for the Kékéli Efficient Power plant project. Located in the Togolese capital Lomé, the 65 MW plant will cover almost 40% of country’s expected electricity demand.

Batteries get cheaper

Oct 1 – Cost for battery production is falling rapidly as manufacturers bring large Gigafactories on-line. By 2030, Bloomberg New Energy Finance anticipates battery pack prices to drop to $73 per kilowatt-hour, down from a current volume-weighted average of below $270/kWh.

Barclays may help fund Rolls-Royce

Sept 30 – UK’s prime engine maker Rolls-Royce is understood to be close to getting fresh financing from Barclays Bank. The Derby-based company, however, insists no final decision has been taken on the precise amount that may be raised or any allotment of shares to any investor.

Petronas to truck LNG to off-grid users

Sept 29 – Petronas Dagangan Group is gearing up to build a LNG truck delivery service for off-grid customers in Peninsular Malaysia. Trucks fitted with cryogenic tanks will bring the super-chilled fuel to remote industries and small-scale power generators with no access to the natural gas grid. Malaysia’s Peninsular Gas Utilisation (PGU) pipeline is only 2,500 kilometers in length and was initially built to export gas to Singapore.

House ad Jul2020