German transmission grid operator TransnetBW has commissioned Siemens to build new switchgear in the 380 kilovolt (kV) Daxlanden substation in Karlsruhe, Baden-Württemberg. The order is priced in the low triple-digit millions range, and the commissioning of the turnkey solution will be completed by 2029.
South Korea’s construction conglomerate HDC Group has teamed up with Hanwha Energy to develop an LNG-fuelled power station in Tongyeong, some 330 kilometers south of Seoul. Under the deal, Hanwha will guarantee the LNG supply for the 1,012 MW combined-cycle power plant that is due operational in 2024.
The Asian Development Bank (ADB) and KfW, the German state-owned development bank, have agreed to expand their cofinancing partnership in Asia-Pacific with an additional $2 billion over the next 4 years. The funds will be used to promote sustainable economic development, a cleaner environment, and renewable energy.
Evol is investing to expand its Kiwinana liquefaction plant south of Perth to meet rising demand from small-scale, decentralized power producers in Western Australia. The Kwinana LNG plant, built in 2008 and designed to produce 175 tons of LNG per day from North West Shelf gas, will be expanded to 250 tonnes per day from April 2020.