Projects & Finance

AD Power Plants of Northern Macedonia (AD ESM) has agreed to take a 25% stake in Alexandroupolis Electricity Production, the special purpose vehicle set up to finance, build, own and operate a power plant in northern Greece. The project, currently fully owned by DAMCO Energy, will have a capacity of 662 MW initially and is scheduled to start operation in 2023.

Saudi Arabia’s ACWA Power has secured $750 million in senior debt to develop the Sirdarya combined-cycle power plant in Uzbekistan. Built at a cost of $1.2 billion, the 1,500 MW Sirdarya CCGT is designed to meet 15% of the country’s electricity needs and will account for 8% installed capacity.

Indah Power Plant (PIPP) has secured financing of up to 2.7 billion Malaysian Ringgit (US$650m) to build  a 1,200 MW combined-cycle power plant on Pulau Island, Selangor. The funds will come from Bank Pembangunan Malaysia, Maybank Islamic and United Overseas Bank, with the CCGT scheduled for commissioning in early 2024.

General Electric has won a multimillion-dollar order to upgrade three 400-kiloVolt (kV) Gas-Insulated Substations (GIS) in Nepal. The project, co-funded by the Asian Development Bank (ADB), aims to add 1,000 MW of inherently intermittent wind and solar power capacity to the grid.

Vattenfall Wärme and Siemens Energy have agreed to demonstrate and trial a large high-temperature heat pump (8 MW) at Vattenfall’s cooling plant at Berlin Potsdamer Platz. Known as the Qwark³ project, it will generate green district heating using waste heat and electricity from renewables, and feed it into Berlin’s district heating network.

 Wärtsilä will carry out a conversion of a Taiwanese power plant from heavy fuel oil (HFO) to natural gas under an EPC contract with the plant owner Ta-Yuan Cogen. Works are scheduled to start in 2021 and the converted CHP is expected to be completed in early 2022.

Malaysia’s leading shipping line MISC Berhad has awarded Siemens Energy an EPC contract for eight topside modules that will generate electricity for gas processing and compression aboard an FPSO. The modules will be built across Asia and then shipped to South America, where they are due to start operating offshore Brazil in 2024.

MethanQuest, Rolls-Royce’ flagship R&D venture, has gathered 29 research and industry partners to look into novel ways for producing hydrogen and methane from renewables. Interim results relate to new electrolysis systems near to wind parks, and the use of green gas in car engines.

Shenzhen Energy has contracted Siemens Energy to supply two 460 MW F-class turbines for the Phase-2 expansion of the Fengda combined-cycle gas power plant. Located in Huizhou City, Guangdong Province, the CCGT is scheduled to go into full operation in 2023.

India’s first high-voltage direct current (HVDC) link has been commissioned by Siemens and Sumitomo Electric to counter the electricity deficit in India’s southern region and improve the grid stability. The 2,000 MW interconnector allows the TSO to optimise energy flows between Pugalur in the southern state Tamil Nadu and Trichur in Kerala on India’s south-western coast.

New Fortress Energy (NFE) has reached a final investment decision (FID) on its first ‘Fast LNG’ modular liquefaction plant. With a capacity of 1.4 million tonnes per annum (mtpa), the plant will provide low-cost gas supply to NFE’s growing customer base. CEO Wes Edens said:  “Fast LNG liquefiers should allow us to produce LNG between an expected $3-4 MMBtu.”

A heavy haul truck, carrying an INNIO gas engine weighing  93 metric tons from the Austrian town of Jenbach, has reached Saarbrücken, Germany. Four further J920 FleXtra engines will follow to form the heart of a new combined heat and power plant (CHP), operated by Energy SaarLorLux. All five engines are due to reach Saarbrücken by March 16.

Page 6 of 221

News in Brief

Howden powers methanol plant

July 29 – Howden will deliver a hydrogen compressor to Johnson Matthey to serve the world’s first methanol plant that harnesses energy from the wind, in Patagonia, Chile. The Haru Oni project will deliver around 900,000 litres per year of e-methanol as early as 2022 and will be scaled up to 550 million litres of e-fuels per year by 2026.

Bloom SOFCs to power micro plant in South Korea

July 28 – California-based Bloom Energy, in cooperation with SK ecoplant, will install solid oxide fuel cells (SOFCs) in a combined heat and power (CHP) plant in Donghae City, South Korea. The CHP will provide heat and warm water for the nearby Bukpyung sports center. Construction on the project is slated to start this autumn.

Shanghai Electric to digitalise factories

July 27 – Shanghai Electric has entered a partnership with AI Investment Fund at the WAIC 2021 conference to provide digital solutions to industrial parks and medical institutions. Yang Hong, Vice President of Shanghai Electric said the aim is to help industries to minimise emissions and waste while maintaining low unit costs.

Slow LNG uptake in Africa

July 26 – In Africa, the uptake of LNG imports to new markets has been slow. Both Ghana’s 1.7 million tons per annum (mtpa) Tema LNG and Senegal’s 1.0 mtpa Dakar Powership are still awaiting their first LNG deliveries, though their respective FSRUs Vasant and Karmol LNGt Powership Africa have been in place since June.

Growth in turbine air filtration tops 3%

July 22 – The turbine air filtration market is expected to grow 3.27% annually from $1.92 billion in 2020 to reach $2.29 billion in 2026. Demand from the oil & gas industry and electric utilities had plunged during the corona crisis and subsequent economic downturn, but the latest trend towards clean energy is driving robust growth for turbine air filtration which can be widely and easily applied in the power sector.

US oil exports stay high

July 21 – Despite volatile prices, U.S. crude oil exports reached a record high in 2020 and remained strong this year, averaging 3.51 million barrels per day (b/d). Expanded ports at Houston and Corpus Christi allow for oil to be exported from the Permian Basin and Eagle Ford Basin.

CVEC to be converted to hydrogen

July 20 – Cricket Valley Energy Center (CVEC) is taking steps to run the  combined-cycle plants on hydrogen. Works to convert the plant will be carried out by GE and are scheduled to start in late 2022. One of three GE 7F.05 gas turbines at CVEC will be introduced to a 5% hydrogen blend with natural gas.

MAN ETES labelled solar impulse efficient

July 16 – MAN Electro-Thermal Energy Storage (ETES) was attributed the “Solar Impulse Efficient Solution” label by independent auditors. In January, the German manufacturer supplied to ETES heat pumps to DIN Forsyning for a heat and power plant in the Danish port city Esbjerg.

Electricity sales to US industry rebounds

July 14 – Economic recovery has caused a 5.1% rise electricity sales to US industry this year, dwarfing 2.8% more retail sales and a 2.1% rise in the commercial sector as many office workers continue working from home. The US Energy Information Administration’s (EIA) acting administrator, Steve Nalley, called the rebound in electricity sales to industry a “strong sign of rising levels of economic output as the Covid-19 pandemic recedes.”

Solar PV to triple in Asia by 2030

July 13 – Asia Pacific solar photovoltaic capacity could triple to 1,500 gigawatts (GW) by 2030. According to Wood Mackenzie estimates, China will add 619 GW of mainly utility-scale capacity while most other nations in Asia prefers distributed solar due to land constraints. Solar PV tends to be backed up by flexible gas gensets and energy storage, forming hybrid power units.

Kinder Morgan closes on Stagecoach assets

July 12 – US energy infrastructure major Kinder Morgan has closed its acquisition of Stagecoach Gas Services. The deal include 4 gas storage facilities with a 41 bcf working gas capacity and a transmission network with multiple interconnects to major interstate pipelines, including Tennessee Gas Pipeline. The Stagecoach assets add to Kinder Morgan’s approximately 83,000 miles of pipelines and 144 terminals.

Dortmund cancels electrotechnik fair

July 9 – The elektrotechnik fair, planned for 29 September to 1 October 2021, will now not be taking place in Dortmund due to requests from the industry. The next trade fair for building, industrial, energy and lighting technology will now open its doors again in spring 2023.

Hitachi to change name of ABB Power Grids

July 7 – Hitachi ABB Power Grids will become Hitachi Energy in October. The Japanese manufacturer bought a controlling stake in ABB’s grid business a year ago and is about to fully take the name of the merged company while expanding its direction towards e-mobility and data centres.

Tapping wind energy for hydrogen

July 6 – Spanish utility Naturgy and the gas grid operator Enagás are evaluating the use of 350 MW offshore and onshore wind capacity to produce green hydrogen. The fuel will be used to decarbonise the steel industry and shipyard in northwest Spain.

EU seeks to expand Green Deal to Africa

July 5 – The European Green Deal should be expanded to also include African states as partners, the German development minister Gerd Müller said. Green hydrogen production in Africa, in his view, should be a “cornerstone for economic cooperation with the Europe.”

Decom Engineering updates PCR

July 2 – Northern Ireland-based Decom Engineering has invested more than £700,000 to develop tools for repurposing and clean decommissioning of energy infrastructure. Through updated Pipe Coating Removal (PCR) equipment, decommissioned or surplus pipelines can be cleaned of multiple coatings, so they can be repurposed for used on other projects.

Cummins buys half of Momentum Fuels

July 1 – Cummins has signed a letter of intent to acquire a 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The transaction is expected to close before year-end, and the combined venture will produce Cummins-branded natural gas fuel delivery systems for the commercial vehicle market in North America.

Sponsored Video


House ad Jul2020