Projects & Finance

The International Finance Corporation (IFC), a multilateral development agency and part of the World Bank Group, has said it provided a 15-year loan over $228 million to fund LNG-to Power project in Porto do Açu, Brazil. GNA also received BRL1.76 billion ($457 million) in financing from the development banks of Brazil and Germany, BNDES and KfW Ipex-Bank.

Mitsubishi Hitachi Power Systems (MHPS), in consortium with Elsewedy Electric, has won two major orders from Sharjah Electricity & Water Authority (SEWA): a $550 million EPC contract to expand the 2,850 MW Al-Layyah power plant as well as a turnkey construction contract for 1,026.3 MW combined-cycle gas power plant, due to start up in mid-2021.

ARGE Netz, a German green energy provider, is cooperating with MAN Energy Solution and the Swedish utility Vattenfall to realize the first industrial-scale Power-to-Gas project in Brunsbüttel, northern Germany. Called HySynGas, the project will turn renewable energy from nearby wind parks into hydrogen and syngas, usable as a vehicle fuel or for power generation.

Gás Natural Açu (GNA) has selected Siemens for the turnkey construction of the ‘GNA 1’ integrated LNG-to-Power project (1.3 GW), situated at Port of Açu northeast of Rio de Janeiro, Brazil. There is substantial scope for expansion, Siemens said, as developers already won licences to implement a second CCGT unit, ‘GNA 2’, which will bring the overall capacity to 3 GW.

Emirates Global Aluminum (EGA) and Siemens have entered the first power services agreement for an H-class gas turbine in the United Arab Emirates (UAE). The AED1 billion ($272 million) power unit is being realized by a joint venture between Mubadala and Dubai Holding adjacent the smelter of EGA, which pledge to buy all electricity from the plant for 25 years.

Jordan’s National Electric Power Company (NEPCO) has put its Zarqa combined-cycle power plant (485 MW) into full commercial operation. The CCGT, realized as an independent power project (IPP) by ACWA Power, reaches up to 51% combined-cycle efficiency.

Mitsubishi Heavy Industries (MHI) has signed an agreement to deliver equipment for Eni's and ExxonMobil’s Rovuma LNG export joint venture in Mozambique. Subject to FID on the project, Mitsubishi Heavy Industries Compressor Corp (MCO) will supply the main liquefaction compressors and Mitsubishi Hitachi Power Systems (MHPS) will provide dual-shaft, H-100 gas turbines (120 MW) as mechanical drivers.

GE has helped China Power Hub Generation Company’s (CPHGC) to grid-synchronize two steam turbines at a 1,320 MW power plant in Pakistan in only 27 months after notice to proceed. The plant is a joint-venture project between China Power International Holding (CPIH) and Pakistan’s Hub Power Company (HUBCO).

INNIO, a carve-out from GE following Advent International’s takeover of GE’s Distributed Power, won an order to supply six Jenbacher gas engines for the LEMENE microgrid project in Finland. LEMENE will be the largest energy self-sufficient business district, using renewable energy and J416 and J420 gas engines for backup. The entire system is due commissioned by summer 2019.

Siemens has inaugurated Qatar’s second largest power station – the 2.5 GW Umm Al Houl combined-cycle gas turbine (CCGT) plant. First fire at the plant took place in April 2017 with first power delivered in August 2017, and combined-cycle running began in May 2018.

Asian Development Bank (ADB) and the International Finance Corporation (IFC) have entered the first-ever cofinancing of an infrastructure project in Indonesia by granting loans of $70 million and $50 million, respectively, for a 275-MW combined-cycle gas turbine power project in Riau, central Sumatra. Another $82 million will come from the commercial lenders Sumitomo Mitsui Banking and MUFG Bank.

NGN Group’s Star of Bosphorus data center in Istanbul, Turkey – the nation’s first carrier-neutral and Tier-III certified data center – is based on a ABB-designed and built power feeding and distribution infrastructure. The heart of the center forms ABB’s System pro E power main distribution switchboard.

Bayat Power, part of Bayat Group – one of the largest privately-held investors in Afghanistan – has an order for Siemens’ SGT-A45 trailer-mounted, mobile power generation unit. The order will see Siemens deliver the first gas-fired power unit in the war-torn country since the 1970s, with first electricity supply planned for summer 2019, in just a few months time.

Following a multimillion investment, General Electric today launches its GT26 HE gas turbine at Uniper’s Enfield Power Station in greater London. GE's launch customer Uniper will retrofit its 400-MW Enfield combined-cycle power station with the new GT26 HE technology starting from in 2020, and subsequently upgrade of its 3-unit Grain combined-cycle plant (1,200 MW).

Chart Industries and Indian Oil Corp, owner of India’s first East Coast LNG import terminal at Kamarajar Port, Ennore, have entered a cooperation to promote LNG developments in India. In focus are modular liquefaction and regas technologies, which could spur new decentralized LNG-to-Power projects and alleviate gas shortage for some of India’s stranded power plants.

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News in Brief

Smart grid market to top $70bn by 2027

April 24 – The global Smart Grid Market is expected to reach around $70 billion, growing at an annual rate of 15.56% in the coming years through to 2027.North America is forecast to see the largest revenue growth, according to ResearchNester, while Europe also shows promising growth in smart grids due to high awareness for decentralized power generation, battery storage and conserving energy.

China eases ban on coal power

April 23 – The Chinese National Energy Administration (NEA) has allowed 11 provinces to resume building coal power plants in a move that lies bare the country’s dependency on thermal coal even after several hundred billion dollars were invested cleaner energy sources, notable wind, solar and natural gas. Areas earmarked by NEA for new coal power plants include Qinghai, Chongqing, Guangxi, Guangdong, Yunnan, Guizhou and Henan.

$500m Birdsboro plant gets powered up

April 17 – Birdsboro Power, a subsidiary of EmberClear of Canada, is in the process of commissioning the $500 million Birdsboro open-cycle gas power plant. Built on a site of the former Amourcast steel foundry, and driven by a GE 7H02 turbine, the new power unit will generate about $500,000 in revenue for the Reading Area Water Authority and another $125,000 city of Reading, Pennsylvania. All electricity will be supplied into PJM Interconnection, the power grid operator in the U.S. Northeast.

Gas now dominant fossil fuel in Europe

April 17 – Rising cost of carbon emissions and closures of coal power stations throughout Europe have led to gas-fired generation overtaking the output of other fossil fuels for the first time. According to EnAppSys figures, gas power plants in the EU produced 117 TWh of electricity in the first quarter of 2019, compared with a combined 110.9 TWh from coal, lignite and gas-to-coal plants.

ABB, Porsche co-develop electric vehicle chargers

April 16 – ABB and Porsche have agreed to develop electric vehicle chargers for Porsche Japan’s new electric vehicles, including Tayan – the carmakers’ first fully electric car due to be launched in 2020. Under the deal, Porsche will install ABB chargers at its public facilities across Japan, creating a network of fast-charging stations for its electric vehicles. The first installation is set to go live in mid-2020.

Power gen from biomass flatlines

April 15 – Increases of U.S. electricity generation from biomass have stopped after a decade of growth. Power produced from biomass totaled 70.6 million megawatthours (MWh) in 2018, or about 2% of total U.S. electricity generation, according to EIA figures. Having grown from 2004 through 2014, and the 2018 output was 2% below its peak generation of 71.7 million MWh.

Aeroderivative GT market to top $3.5bn by 2024

April 12 – The global market for aeroderivative gas turbines is seen grow at a 7% rate to surpass $3.5 billion by 2024. A main growth driver, according to Global Markets Insight, will be the rising adoption of small-scale turbine-driven cogeneration plant and the trend towards decentralized energy supply.

Lumenaza creates regional green power grids

April 11 – Utility-in-a-box software, developed by Lumenaza, creates a regional green power grid by connecting producers and consumers of locally produced wind and solar energy. The system monitors renewable power output, balances supply and demand, and can help organize the billing process. Pilot projects have been implemented with two of Germany’s big utilities, E.ON and EnBW as well as with various smaller players.

MHPS licenses H-25 turbine production to Chinese manufacturer

April 10 – Mitsubishi Hitachi Power Systems (MHPS) has agreed to license production technology for its H-25 series gas turbines to the Chinese manufacturer CSIC Longjiang GH Gas Turbine Co. The agreement will establish a small local supply chain which helps expands MHPS’ share in the Chinese market, the Japan-based company stated. So far, MHPS received five orders for H-25 Series gas turbines, or nine units in total, from Chinese power plant developers.

SIEW 2019 to focus on energy transformation

April 9 – “Accelerating Energy Transformation” will be the theme for the Singapore International Energy Week (SIEW) 2019. This theme has been chosen by the Energy Market Authority (EMA) of Singapore to address mounting challenges in Asia over meeting climate change commitments against a backdrop of continuously rising energy demand.

ENGIE launches 1st mini-grid in Zambia

April 8 – The French utility ENGIE has inaugurated its first PowerCorner – an off-grid renewable energy solution – in the Zambian village of Chitandika. Located in the East of Zambia, Chitandika counts 1500 inhabitants who previously had no access to electricity.

Global gas engine market to reach $4.4 billion by 2020

April 5 – Over the next five years, the global gas turbine market is forecast to grow 11.1% annually in terms of revenue, reaching a market size of $24,100 million by 2024, up from $14,300 million in 2019. Market-leading companies include: GE, Siemens, Ansaldo Energia, MAN Energy Solutions, Mitsubishi Hitachi Power Systems and Shanghai Electric Group.

EDAC, Siemens seek ‘industrial app’ for 3D-printing

April 4 – Siemens is intensifying its cooperation with the EDAG Group, an independent engineering company for the automotive industry, to promote industrial applications of additive manufacturing (AM), also known as 3D printing. The companies’ joint "NextGenerationSpaceframe 2.0" project is on show at the Hannover Messe this week.

ABB electrifies Lodi campus of Milan University

April 3 – The Swiss manufacturer ABB will ensure smarter, safer and more reliable electricity supply for students at the Milan University’s new campus in Lodi. Covering an area of 20,000 square meters, the campus has installed ABB’s UniSec switchgear and main distribution switchboard solution, System pro E power.

Chevron launches $90m Fund VII

April 2 – Chevron Technology Ventures (CTV) has set up Fund VII, a new $90 million fund focused on venture capital investment across the energy industry. Investments target early- to mid-stage companies as well as limited partnership funds with the aim of supporting breakthrough technologies that have the potential to improve Chevron’s oil and gas business performance.

Siemens to implement VW Industrial Cloud

April 1 – The German carmaker Volkswagen has chosen Siemens as integration partner for the VW Industrial Cloud. Based on Siemens’ MindSphere system, the VW Industrial Cloud will link production systems, machinery and equipment of various manufacturers at the 122 Volkswagen manufacturing plants worldwide. The resulting data transparency and analysis is meant to enhance productivity at the sites.

Marubeni, 4R Energy to deploy large refurbished batteries

March 29 – Marubeni Corp and 4R Energy, along with SIGNET EV have achieved a Proof of Concept (PoC) using 4RE’slarge refurbished batteries for the development of the world’s first mass-productional EV charger in Namie-machi, Fukushima-Prefecture. The installation, with an output of more than 50kW, helps the community reduce electricity demand from the central power grid, which saves costs.