Projects & Finance

CTCI, Taiwan’s largest engineering, procurement and construction (EPC) contactor, has been selected for Phase-2 of the Sun Ba combined cycle power plant in southern Taiwan in consortium with Siemens Energy. The 1,100 MW plant, powered by a HL-class turbine, is due operational in 2024.

Korea Gas Corp. (KOGAS) and Hanwha Energy are close to winning a contract to build the 1,500 MW Hai Lang LNG-fuelled power plant in Vietnam. The two companies, in consortium with Southern Power and Vietnam's T&T Group, were the only bidders in the 5.5 trillion Won ($4.75bn) project tender and currently hold exclusive talks with the local government.

SASA Polyester Sanayi, a Turkish polyester and polymer producer, has turned to GE Power Conversion to build a Purified Terephthalic Acid (PTA) production in the city of Adana. PTA is used in the pharmaceutical and textile industries, and GE’s new electrical system includes a 6-poles motor-generator (46.5 MW) and a soft starter.

General Electric has completed an upgrade at ELPEDISON’s Thessaloniki Power Plant in Greece. The modernization consists of a GE 9F.03 gas turbine, along with a Franco Tosi-supplied steam turbine, which together boost the plant’s output by 20 MW and reduce start-up costs by 10%.

Japan’s largest LNG importer JERA has started a demonstration project for hydrogen co-firing at an LNG- fuelled power plant. Hydrogen does not emit CO2 when burnt; hence JERA is looking to co-fire its large-scale LNG thermal power plants in Japan with hydrogen or ammonia to achieve its zero-emission target.

TAQA Power, the Cairo-based subsidiary of TAQA Arabia, will set up a pilot project to locally produce green hydrogen in cooperation with MAN Energy Solutions. The German manufacturer will provide electrolysis technology for a hydrogen plant, due to run until autumn 2022.

Daroga Power, an investor and developer of distributed generation energy assets, has closed an infrastructure portfolio fund to deploy 32.85 MW of Bloom Energy solid oxide fuel cells. Approximately 6 MW of fuel cells in the portfolio are already operational, and the additional ones will be deployed through the end of 2022.

GE has commissioned the Chia Hui combined heat and power (CHP) plant in Minxiong Township near Chiayi City in southwest Taiwan. Powered by a HA-turbine, the CHP adds approximately 535 MW of electricity to the grid – enough for 600,000 homes – as well as steam for district heating.

Wärtsilä will supply energy storage for the Beimen project in Kaohsiung city to help regulate grid frequency. The 5.2 MW / 5.2 MWh unit, ordered in early August, is due operational in the first quarter of 2022 and will help North Star earn revenue in Taiwan Power’s ancillary service market.

Chicago-based Exelon Utilities is gearing up to half its operations-driven emissions by 2030 and ultimately get to net-zero by 2050. To that end, it will convert a third of its vehicle fleet to electric, invest in energy efficiency and modernise the gas grid to minimize methane leaks.

Uniper has thanked Ansaldo Energia when laying the foundation for the 300 MW Irsching 6 balancing plant in Bavaria. The open-cycle power plant, driven by an AE94.3A gas turbine, is being built on a turnkey basis and due completed and commissioned by September 2022.

One of the first project-financed interconnectors – the 1.4 GW NeuConnect – will be built between the Isle of Grain and Wilhelmshaven by 2023, or early 2024. Meridiam, Allianz and Kansai Electric Power put nearly £1.4 billion in upfront and will recoup their investment from future revenues.

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News in Brief

SDG&E accelerates drive towards Net Zero by 2045

Oct 20 – San Diego Gas & Electric Company (SDG&E) has set a new sustainability strategy, outlining new and accelerated goals to help meet its pledge to reach net zero greenhouse gas (GHG) emissions by 2045. SDG&E it now seeks to operate a 100% zero emissions vehicle fleet by 2035 – five years earlier than planned.

B&W develops biomass-to-hydrogen plant in Australia

Oct 19 – B&W's Renewable segment and Port Anthony Renewables Ltd have started to develop a biomass-to-hydrogen energy project in Victoria, Australia, based on B&W’s BrightLoop technology. When completed, the plant is expected to be part of the largest green hydrogen hub in south-eastern Australia.

LNG prices rise faster than oil

Oct 18 – Liquefied natural gas and pipeline supplies have experienced an even sharper increase in prices in 2021 than oil, driven by a combination of circumstances that included a strong recovery in demand in North Asia, southeast Asia and Europe, unseasonal weather and planned and unplanned capacity outages.

Wärtsilä shaft gensets to power two LNG carriers

Oct 14 – The Finish technology group Wärtsilä has been awarded a contract to supply four shaft generators to provide electricity take-off from the main engines of two LNG carriers. The ships are being built at the Hyundai Heavy Industries (HHI) shipyard in Korea on behalf of the Capital Gas Ship Management of Greece.

VoltH2 gets green light for large hydrogen plant

Oct 13 – Vision Hydrogen Corp has announced that its affiliate VoltHe has received building and environmental permits to realise its first large-scale hydrogen plant at the Dutch North Sea Port of Vlissingen. The 5 MW hydrogen plant is located near existing high voltage power and gas infrastructure as well as large wind power assets. Once operational, it will produce around 3,500 tons of green hydrogen per year and will be scalable to 100 MW or 14,000 tons.

Tesla overtakes German e-cars

Oct 12 – Sales of Tesla in Germany has overtaken that of leading German carmakers. In September, more electric Tesla Model 3s were registered in the country than leading domestic models, such as the BMW 3 Series, Audi A4 and Mercedes C-Class combined.

EnerMech spends £500k on crane training tech

Oct 11 – EnerMech has invested £500,000 in new crane simulator training systems at its Luanda (Angola), Doha (Qatar) and Great Yarmouth (UK) facilities. The British company recently formed a joint venture with 3t Energy Group to bring the KraneSIM-6000 equipment to both Qatar and Angola and offer in-country training across client organisations globally.  

Germany finances green hydrogen projects abroad

Oct 8 – The German government has agreed to support green hydrogen projects in other countries with up to €350 million by 2024, the economy ministry said when publishing a directive with relevant guidelines. Moreover, financial support is given to projects that produce and process green hydrogen for storage, transport and use in countries outside the EU through investment grants worth up to €15 million each.

UK e-car sales surge 186%

Oct 6 – Sales electric cars in the UK have surged 186% to a total of 108,000 in 2020 during the pandemic, up from just 38,000 in the previous year. Latest statistics show there were nearly 300,000 pure-electric cars on UK roads at the end of August 2021, and more than 600,000 plug-in models if including plug-in hybrids (PHEVs).

FogHorn deploys AI software at Chugoku Electric Power in Japan

Oct 4 – FogHorn, developer of Edge AI software, has deployed its Internet of Things (IoT) software at the Chugoku Electric Power hydroelectric power plant. The AI solutions will make the power gen process more efficient and enhances workplace safety. Chugoku Electric Power employs nearly 9,200 workers across 114 power units in the western part of Honshū, the largest island of Japan.

Rolls-Royce supplies MTU engines for ferry propulsion

Oct 1 – Rolls-Royce's new MT engines, automation system, and MTU Go! tool for remote service have future-proofed the high-speed catamaran Avemar Dos, run by the Spanish operator Balearia. Four MTU 20V1163 M84 units replaced the previous 1163 units, taking the vessel to a "new level of ecological soundness," the manufacturer says.

GES appoints former Puma Energy Chairman as NED

Sept 30 – Global Energy Storage (GES) has appointed the former Puma Energy Chairman, Graham Sharp, as an NED. Graham will support GES on its ‘new energies’ strategy for the energy transition, focusing on hydrogen fuels and hydrogen carriers space.

Aggreko reaches 2 GW of live power gen capacity

Sept 29 – Aggreko has today announced it has reached 2GW of live global gas power capacity and growth in flare gas to power and stranded gas projects. This new record follows a milestone of exceeding 1GW of delivered flare gas power projects in 2020.

Wärtislä renews O&M agreement with Lafarge Africa

Sept 28 – The Finish technology group Wärtsilä has renewed a long-term Operation & Maintenance (O&M) agreement with Lafarge Africa, a large producer of building materials in Nigeria. The agreement covers the 100 MW Lafarge Ewekoro power plant, which provides a dedicated supply of electricity to the company’s concrete and cement manufacturing processes.

Rolls-Royce supplies MTU engines to Sanlorenzo

Sept 27 – Rolls-Royce business unit Power Systems will become one of the leading engine suppliers for Sanlorenzo, delivering MTU 10V, 12V and 16V 2000 yacht engines with a compact IMO 3 solution. A framework contract from 2022 through 2024 has been signed at the Monaco Yacht Show.

Shell exits Permian Basin

Sept 24 – Royal Dutch Shell has sold all its upstream interested in US Permian Basin to ConocoPhillips for $9.5 billion in cash. Shell’s assets in the Permian include around 225,000 net acres with a current production of around 175,000 barrels per day equivalent.

Global biogas market tops $88bn in 2030

Sept 22 – The global biogas market is set to expand at a rate of 8.4% annually and reach $88.47 billion in 2025. According to ResearchAndMarkets, the main growth drivers are small-scale power generators that use biogas derived from municipal or agricultural waste through anerobic digestion.  Europe was the largest region in the biogas market in 2020, though Asia Pacific recorded the fastest growth.

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