Projects & Finance

Work is beginning on the installation of a new 370MW combined cycle gas turbine (CCGT) and major refurbishment works at Centrica’s Kings Lynn power station in Norfolk, England. The plant is one of several new Centrica projects, totalling 500MW that won 15 year Capacity Agreements with National Grid to supply power during peak periods from October 2020.

Tokyo Electric (Tepco) and Chubu Electric have decided to fully integrate their thermal power operations within two to three years. The operations, which account for half of Japan’s total thermal power capacity, will be brought together under the auspices of Jera Co. - a thermal power and fuel company jointly set up in 2015.

Siemens and its Dresser-Rand business is to supply four Siemens SGT-700 industrial gas turbines, to drive compressor trains and a power plant at the Liwa Plastics Industrial Complex project in Oman.

 German chancellor Angela Merkel and Egyptian president Abdel Fattah El-Sisi have symbolically inaugurated the first phase of Siemens' Megaproject in Egypt on March 2.

“The event marks an important milestone towards the completion of the project, which will boost the country's power generation capacity by 45% when finished” Siemens said.

The European Bank for Reconstruction and Development (EBRD) is to provide financial support to help Latvian energy service companies (ESCOs) obtain long-term financing for energy efficiency upgrades.

ABB, through its venture capital unit ABB Technology Ventures, is investing in Canada-based Enbala Power Networks, a developer of software for managing power distribution networks.

Canada-based power producer Capital Power has signed an agreement to acquire two gas-fired generation facilities and two waste heat assets in Canada from energy infrastructure company Veresen for $225 million.

Italy's power grid operator Terna, through its subsidiary Terna Plus has signed an agreement with Brazil's civil and infrastructural works company Planova for the acquisition of two concessions to create and operate some 500 km of power grid infrastructures in the country.

Wartsila is to supply a 30 MW combined heat and power (CHP) plant to CGGC UN Power in China. This will be the first gas-fired medium-speed engine power plant in China “marking the entry of a new technology in the market” Wartsila said.

Honeywell has been appointed by Memphis Light, Gas and Water (MLGW) for a five-year project worth more than $200 million for the installation of Honeywell’s metering technology throughout MLGW’s service territory.

Capstone Turbine Corporation has received orders for a C800 Signature Series microturbine and two C1000 Signature Series microturbines for two oil and gas customers operating in the Marcellus Shale play.

Mitsubishi Hitachi Power Systems (MHPS) has received an order for gas-fired gas turbine combined cycle (GTCC) power generation system equipments for Hongkong Electric' Lamma power station in Hong Kong.

Enel’s subsidiary Enel Brasil has finalised the purchase of a 94.8% stake in energy distributor Celg Distribuição for 2.187 billion Brazilian reais (around $640 million).

Works on the pipeline system that will bring gas from Russia to China via the Eastern route are “running on schedule”, according to Gazprom, which is developing the project.

US energy supplier Upper Michigan Energy Resources filed an application with the Michigan Public Service Commission to build two gas-fired power plants in the Upper Peninsula of Michigan.