Slashing the financing granted for coal-fired power projects is part of the World Bank's new energy strategy. "Only in rare circumstances" will the bank support new greenfield coal power generation projects, World Bank President Jim Yong Kim said, while the help for natural gas projects will be scaled up.
Swiss-based operator KTG has selected China's EPC Sepco III Electric Power Construction Corp as the winning bidder to build a 390MW gas-fired combined cycle cogeneration plant in Zenica, Bosnia and Herzegovina.Sepco III was chosen as it offered the lowest price in the tender, bidding to carry out project at a cost 218 million euro ($284.44 million).
Energos, a supplier of small-scale waste to energy plants, has received permission from the Environmental Ministry in Northern Ireland to build a waste to heat CHP facility in Lisburn, Ireland. Construction is scheduled to start in 2014 at a gasification facility as part of AmeyCespa's Milton Keynes Waste Recovery Park.
GE Water & Power will supply the Chinese steel and iron company, Jiangsu Yonggang Group with an innovative blast-gas fueled 7.88MW cogeneration system for its steel mill in Zhangjiagang City. The project marks the first commercial use of blast furnace gas to generate power and heat worldwide, GE said.
Rio Tinto has selected GE's aeroderivative gas turbines to power the expansion of mining operations at two sites in the remote Pilbara region of Western Australia. Keen to expand the capacity of its Pilbara operations from currently 237 million tonnes per annum to up to 360 million tonnes per annum in 2015, Rio Tinto is implementing Australia's largest-ever, integrated mining project.
A three year construction project has been kickstarted in Frankfurt, Germany, to develop Thüga Group's pilot power-to-gas project. "By the end of 2013, the plant should be converting electricity into hydrogen for the first time and feeding into the local gas distribution network," project partners said.
Swiss power and automation group ABB has been commissioned by Italy's TSO Terna to install a synchronous compensator to adjust power supply from the new Codrongianos cogeneration power plant plant within an older power station in northern Sardinia. Project partners plan to begin construction in November and commission the $20 million power plant project in 2014.