Projects & Finance

Anglo-Swiss commodity trader Glencore is understood to partner with Limay LNG Power Corp. on realizing a LNG-fuelled power plant in Batan, Luzon Island, with a capacity of 1,100 MW. Glencore could provide project financing and help with LNG procurement, adding to supplies from the Philippines’ depleting Malampaya field.

Mitsui O.S.K. Lines (MOL) has agreed a financing deal for the 1,760 MW Jawa-1 gas power plant and an accompanying floating storage and regasification unit (FSRU). The integrated LNG-to-power project will be built at a cost of $1.8 billion by PT Pertamina, Marubeni and Sojitz and is due operational in December 2021.

Indonesian state-owned energy firm Pertamina, together with Marubeni and Sojitz, has reached financial close for a $1.8 billion integrated LNG regas and power generation project. The 1,760 MW Jawa-1 combined-cycle power plant (CCGT), as well as an adjacent floating storage and regasification unit (FSRU), is slated to start operation in December 2021.

Momentum for GE’s flagship HA gas turbine “continues to be strong,” the manufacturer said when announcing two order wins in the third quarter. The customers are Florida’s Tampa Electric (TECO) and the Taiwanese independent power producer (IPP) Chiahui Corp.

Europes first GE 9EMax gas turbine upgrade has been completed at Sokolovska Uhelna's integrated gasification combined cycle (IGCC) power plant in Vresova, Czech Republic. Following the upgrade, the plant “exceeded expectations on heat rate, power output and unit flexibility,” the operator said without specifying.

Mitsubishi Hitachi Power Systems (MHPS) has won an order to supply a M501GAC gas turbine to a utility in the U.S. Midwest. With an enhance response rate, the 275 MW turbine can startup in ten minutes and has a 50 MW/min ramp rate.

Florida Siting Board, headed by Govenor Rick Scott, has approved an $888 million plan by Florida Power & Light (FLP) to tear down and rebuild its power plant near Port Everglades. The new 1,163-MW Dana Beach Clean Energy Center will reduce primary emissions of the oil plant by 70%, once operational in 2022.

Siemens has won an order from Lansing Board of Water & Light to supply three SGT-800 gas turbines and generators for their new power station in Lansing, Michigan. Two of the three turbines will operate in combined-cycle and one simple-cycle mode, providing both baseload power and operational flexibility. Start-up is scheduled for spring 2021.

Petra Nova, a 654 MW power station near Houston, is one of only two operating generators with carbon capture and storage (CCS) in the world. The other one is the 110 MW Boundary Dam plant in Saskatchewan, Canada. The CCS system deployed at Petra Nova captures about 90% of CO2 emitted from the flue gas slipstream, or about 33% of the total emissions from Unit 8.

Nunavut, one of the most remote northern territories of the Canadian Arctic, will get backup energy supply and reliable internet access powered by 23 MTU onsite energy diesel generator sets. Rolls-Royce will supply these gensets for the Canadian telcom Northwestel.

Arsenal football club will install a ground-breaking energy storage system at its Emirates Stadium in London by summer 2019. Developed by Pivot Power with funding from Downing investment house and facilitated by Octopus Energy, the energy storage will conserve enough electricity to run the Emirates for 90 minutes.

Nova Scotia-based Emera has agreed to divest its three gas-fired power plants in New England to an affiliate of The Carlyle Group for C$780 million, equalling US$590 million. The sale of a combined capacity of 1,100 MW helps increase Emera’s its free cash flow.

Brazil’s largest gas processing unit, build at a cost of $600 million in Itaboraí, near Rio de Janeiro, will include an e-house solution by GE Power. The so-called UPGN unit is part of the Rota 3 project, designed to transport and process natural gas feedstock from Petrobras’ Bacia de Santos pre-salt cluster.

Russia’s gas giant Gazprom has approved its 2019 financial plan, envisaging an overall investment volume of RUB 1,325.724 billion, equaling $20.15 billion. The lion’s share, or over RUB963 billion is intended for capital investments such gas production on the Yamal Peninsular and for three key gas export pipelines to Europe and Asia.

Rolls-Royce Power Systems has won an order from C-Energy to supply its new medium speed V-engine, B36:45, in order to add an extra 23 MW to a combined heat and power (CHP) plant in Bohemia, Czech Republic. The first units will start operating before the beginning of 2019.

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