Marubeni and Tokyo Gas have sealed an agreement for Phase-1 development of an industrial park Vietnam’s Quang Ninh Province that will include an LNG regas terminal and integrated power plant. Situated some 200km from Hanoi, the project will cost around 200 billion yen ($1.92 billion) and the LNG-fuelled power station will have a capacity of 1,500 MW.
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.
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.
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.
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.
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.