New Fortress Energy (NFE) has signed a memorandum with Petrobras Distribuidora and CCETC Brasil Holding to acquire 288 MW of 15-year power purchase agreements for an LNG-to-Power project, under development at Suape Port in Brazil. The regas terminal and the power plant are slated to start operation by the end of 2022.
Elering, Estonia’s national TSO, has contracted Siemens Energy to build three synchronous condensers, based on the Flexible Alternating Current Transmission System (FACTS). The units, set to stabilise the grid and integrate intermittent renewable power supply, are due to be commissioned successively between April 2023 and May 2024.